Quality of Life in Cleveland, OH: Salary of $78,800

Cost of Living in Cleveland, OH

• Overall Cost of Living: Below the national average, making it a more affordable place to live compared to other major cities in the United States.
• Housing: Housing costs are significantly lower, with median home prices well below the national median.
• Utilities and Transportation: Utilities are relatively affordable, and public transportation offers a cost-effective commuting option.

Housing Market

• Median Home Price: Approximately 35-40% lower than the national average.
• Rentals: Rental prices are also competitively lower, giving individuals more affordable housing options.
• Market Trends: The housing market is stable, with gradual appreciation, offering both buyers and renters a reasonable entry point relative to their income.

Quality of Life

• Affordability: With a salary of $78,800, individuals can experience a comfortable lifestyle due to the lower cost of living.
• Entertainment and Leisure: A vibrant cultural scene with museums, theatres, and sports venues, contributing to a rich local life.
• Community: Known for a strong sense of community and diverse neighborhoods.

Access to Healthcare

• Healthcare Facilities: Home to several well-known hospitals and medical centers, providing accessible and quality care.
• Costs: Generally lower than the national average, benefiting residents with competitive salaries.

Quality of K-12 Schools

• Public Schools: Varies by district, with some areas offering highly rated schools.
• Choice of Schools: Availability of public, private, and charter school options, ensuring parents can find suitable educational opportunities for their children.

Summary of Assessment

Living in Cleveland, OH with an annual salary of $78,800 provides a higher degree of financial flexibility and quality of life than in many other parts of the United States. The lower cost of living and housing market affordability allow residents to enjoy both necessary expenses and leisure activities comfortably. Access to quality healthcare and diverse educational opportunities further enhances the overall living experience in Cleveland.