Quality of Life in Cleveland, OH on an $80,720 Salary
Overview
Cleveland, Ohio, offers a relatively affordable lifestyle compared to many parts of the United States. An annual salary of $80,720 provides a comfortable standard of living, allowing residents to balance basic needs with leisure and investment opportunities.
Cost of Living
- Affordable Living Costs: Cleveland is known for its lower cost of living, approximately 10% lower than the national average. This allows for more disposable income and savings.
- Expense Breakdown:
- Groceries and Essentials: Slightly below the national average.
- Utilities: Tend to be moderate, neither significantly lower nor higher than the national average.
- Transportation: Reasonable, with various public transit options available.
Housing Market
- Median Home Price: Approximately $150,000, considerably lower than the national median, making homeownership more accessible.
- Rental Costs: Average rent is also below the national average, offering affordable options for those not looking to buy.
- Market Stability: The housing market is stable, with opportunities for appreciation over time.
Quality of Life
- Community and Culture: Cleveland boasts a rich cultural heritage, with numerous museums, theaters, and historical sites.
- Recreation: Abundant parks and access to Lake Erie provide ample outdoor activities.
- Dining and Entertainment: Variety of restaurants and entertainment venues cater to diverse tastes.
Access to Healthcare
- Healthcare Options: Cleveland is home to renowned healthcare institutions such as the Cleveland Clinic, offering high-quality medical care.
- Affordability: Healthcare costs are in line with or slightly below national averages.
Quality of K-12 Schools
- Public School System: Offers a mix of well-rated and underperforming schools, with significant disparities between districts.
- Private and Charter Schools: Various options available for those seeking alternatives to public education.
- Extracurricular Activities: Broad range of extracurricular programs available, enhancing student engagement and development.
Overall Assessment
For individuals earning $80,720 per year, Cleveland presents a high quality of life characterized by affordable living costs and housing, excellent healthcare access, and rich cultural amenities. While the quality of public schools can vary significantly, there are numerous educational choices available to families.
