Quality of Life in Cleveland, OH for an Individual Earning $114,800 Annually

Cost of Living

• Overall Costs: Cleveland's cost of living is approximately 10% lower than the national average. This means that everyday expenses like groceries, transportation, and utilities are generally more affordable.
• Utilities: Utility costs are also below the national average, providing a further financial cushion.
• Groceries and Dining: The cost of groceries and dining in Cleveland is affordable, with many options available for different budgets.

Housing Market

• Home Prices: As of 2023, the median home price in Cleveland is significantly lower than the national median. This makes homeownership more attainable compared to many other large U.S. cities.
• Renting vs. Buying: Renting is a viable option, with rental costs being more affordable than the national average, providing flexibility for those who aren't ready to purchase a home.
• Market Trends: The housing market in Cleveland has shown steady growth but remains less volatile than coastal markets, offering stability for both buyers and renters.

Quality of Life

• Cultural Amenities: Cleveland is home to renowned cultural institutions such as the Cleveland Museum of Art and the Rock and Roll Hall of Fame, providing abundant cultural and recreational activities.
• Public Spaces: The city boasts numerous parks and green spaces, including the famous Cleveland Metroparks, which offer outdoor activities and scenic beauty.
• Commute: Average commute times in Cleveland are shorter than many other major cities, contributing to a healthier work-life balance.

Access to Healthcare

• Healthcare Facilities: Cleveland hosts world-class healthcare institutions, like the Cleveland Clinic, ensuring access to top-quality medical care.
• Medical Costs: While medical services are typically excellent, healthcare costs might be higher associated with premium services and facilities, though the overall affordability of the city helps balance these expenses.

Quality of K-12 Schools

• Public Schools: The quality of K-12 education in Cleveland varies, with some areas offering top-rated schools and others facing challenges. Efforts continue to improve educational outcomes across the district.
• Private and Charter Schools: There are numerous competitive private and charter schools available, providing alternatives for families seeking specific educational environments.
• Educational Initiatives: The city is investing in initiatives focused on improving education standards and student performance across all schools.

Summary

Cleveland, OH