Quality of Life in Cleveland, OH on a $79,840 Salary

Overview

Cleveland, OH, offers a specific quality of life that is influenced by several factors, including the cost of living, housing market conditions, healthcare access, and the quality of K-12 education. This assessment outlines how a salary of $79,840 would support an individual or family living in this city.

Cost of Living

• Comparison to National Average:

  • The overall cost of living in Cleveland is generally lower than the national average.
  • Groceries, utilities, and transportation often come at lower costs, making daily expenses manageable.

• Affordability:

  • The salary of $79,840 is above Cleveland's median household income, allowing for a comfortable lifestyle.
  • Discretionary spending and savings are feasible, providing flexibility in budgeting for entertainment and travel.

Housing Market

• Home Prices:

  • Median home prices in Cleveland are significantly lower than the national average, providing more affordable homeownership opportunities.
  • Renting is also more affordable compared to larger metros, with a variety of housing options available.

• Real Estate Trends:

  • The market offers a range of properties, from historic homes to modern apartments, catering to diverse needs and preferences.

Quality of Life

• Community and Lifestyle:

  • Residents enjoy a rich cultural scene with museums, theaters, and music venues.
  • Access to parks and recreational activities enhances outdoor living and community engagement.

• Safety and Environment:

  • Neighborhood safety varies, but many areas are considered secure for families and individuals.
  • Environmental factors like Lake Erie proximity offer scenic views and recreational opportunities.

Access to Healthcare

• Healthcare Facilities:

  • Cleveland is home to renowned hospitals like the Cleveland Clinic, offering top-tier medical services.
  • The city provides comprehensive healthcare options, including specialized and general care.

• Insurance and Costs:

  • Healthcare costs in Cleveland are competitive, with a range of insurance plans available to residents.

Quality of K-12 Schools

• Educational Institutions:

  • Cleveland offers a mix of public, private, and charter schools, with some districts performing above state averages.
  • Investment in education varies, affecting resources and opportunities for students.

• Diversity and Programs:

  • Schools often provide a variety of programs, including STEM and arts-focused education, to cater to diverse student interests