Quality of Life in Cleveland, OH on a $74,240 Salary
Living in Cleveland, Ohio, on an annual income of $74,240 offers a fairly comfortable lifestyle, particularly when taking into account the city's cost of living and housing market compared to the broader United States. Below, we explore key aspects such as the cost of living, housing market, quality of life, healthcare access, and education.
Cost of Living
- Lower than National Average: Cleveland maintains a cost of living that is generally below the national average, making it an affordable option for many residents.
- Utilities and Transportation: Utilities and transportation costs align closely with national figures, ensuring essential services remain reasonably priced.
- Groceries and Entertainment: Residents tend to spend less on groceries and entertainment compared to larger metropolitan areas.
Housing Market
- Affordable Home Prices: Cleveland's housing prices are significantly lower than the national average, which is advantageous for homebuyers or those seeking rental properties.
- Variety of Options: The city offers a range of housing options from urban apartments to suburban homes, accommodating diverse preferences and lifestyles.
- Growing Market: Although still affordable, Cleveland has seen modest growth in home prices, indicative of a strengthening real estate market.
Quality of Life
- Cultural and Recreational Activities: Cleveland is known for its rich cultural scene, including museums, theaters, and a thriving music environment.
- Green Spaces: The city provides numerous parks and recreational areas, promoting an active outdoor lifestyle.
- Commute and Traffic: With relatively short commutes and manageable traffic, residents enjoy more personal time and less stress associated with travel.
Access to Healthcare
- Healthcare Providers: Cleveland is home to several top-ranked hospitals and healthcare facilities, ensuring quality medical care is available.
- Insurance and Costs: The cost of healthcare services is slightly below the national average, although insurance premiums vary based on provider and plan.
- Preventive Services: Residents have good access to preventive care services, enhancing overall community health outcomes.
Quality of K-12 Schools
- Diverse School Options: The city offers numerous public, private, and charter schools, providing families with various educational choices.
- Educational Performance: While some schools perform below the national average, there are several high-performing districts and specialized programs available.
- Investment in Education: Cleveland has invested in educational improvements and resources,