Quality of Life in Cleveland, OH with an Annual Income of $130,480
Overview
Living in Cleveland, Ohio with an annual salary of $130,480 provides a comfortable quality of life, especially when comparing key living expenses and amenities to the national averages. Here’s an assessment of various aspects affecting quality of life, such as cost of living, housing, healthcare, and education.
Cost of Living
- Overall Cost: The cost of living in Cleveland is significantly lower than the national average, especially in terms of housing, utilities, and groceries.
- Comparison to National Average: Cleveland's cost of living index is around 77.1, whereas the national average is 100. This suggests a favorable financial environment for residents, allowing for a high level of disposable income.
- Utilities and Transportation: Utilities and public transportation costs are affordable, making daily commuting and energy expenses manageable.
Housing Market
- Market Overview: Cleveland’s housing market is reasonably priced. The median home price in Cleveland is approximately $150,000 compared to the national median of approximately $375,000.
- Affordability: With an income of $130,480, homeownership is highly attainable, with plenty of options for spacious living in desirable neighborhoods.
- Value for Money: Buyers get more value for money, with a variety of architectural styles and access to well-established communities.
Quality of Life
- Community and Culture: Cleveland offers a rich cultural scene with museums, theaters, and a vibrant music scene, providing ample leisure opportunities.
- Outdoor Recreation: There are numerous parks and recreational activities around Lake Erie, encouraging an active lifestyle amidst picturesque surroundings.
Access to Healthcare
- Healthcare Facilities: Cleveland is home to renowned healthcare institutions, including the Cleveland Clinic, recognized as one of the nation's top hospitals.
- Healthcare Access: Residents benefit from access to high-quality healthcare services with a variety of specialists and medical facilities available.
Quality of K-12 Schools
- Educational Opportunities: Cleveland offers a range of public and private K-12 schools with varied educational programs. However, the quality can vary significantly amongst different districts.
- School Ratings: Some suburban districts, such as Shaker Heights and Beachwood, are known for their high-ranking schools and robust educational offerings.
- State Education Performance: The state of Ohio overall ranks moderately in national education assessments, with continued efforts