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Cost of living in Cleveland, Ohio: rent, homes and salary

The cost of living in Cleveland, Ohio comes in 6.1% below the US average. For 2024, BEA's regional price parity (RPP) put the Cleveland, OH metro area at 93.9, with the US at 100 and housing alone at 79.4.

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Level of prices
93.9
US = 100, BEA 2024
Price level for housing
79.4. For rents, US = 100.
Rent that is typical
$1,359. Per month, Zillow ZORI.
Value of a typical home
$115,810
September 2026, Zillow ZHVI
Household income, median
$43,383
Census ACS 2024

Cost of living index for Cleveland, Ohio

With the US average set at 100, a regional price parity compares prices for the same goods and services basket in one place against that average. Cleveland, Ohio lies in the Cleveland, OH metro area, which BEA prices as a whole. Housing (rents) sits furthest from the US average, at 79.4, or 20.6% below the US.

Price level, US = 100Cleveland, OH metroOhioMetro against the US
All items93.992.8−6.1%
Goods93.693.7−6.4%
Housing (rents)79.473.0−20.6%
Utilities96.095.8−4.0%
Other services98.998.9−1.1%

The 2024 regional price parities for metro areas and states come from the U.S. Bureau of Economic Analysis. BEA price parity data

Rent costs in Cleveland, Ohio

Zillow Observed Rent Index (ZORI) gives Cleveland, Ohio a typical asking rent of $1,359 a month, +4.3% on a year, and tracks rent for homes listed now. In the US, the figure is $1,932. Census reports a median gross rent of $961, a figure that covers all renting households, not just new leases. One year of the asking rent equals 38% of the median household income.

RentCleveland, OhioUnited States
Typical asking rent, Zillow ZORI$1,359$1,932
Asking rent, 12-month change+4.3%
Median gross rent, Census ACS 2024$961$1,487
A year of asking rent, portion of median income38%28%

Zillow Observed Rent Index; one-year estimates from the Census Bureau American Community Survey 2024.

Prices of homes in Cleveland, Ohio

A home in the middle of the market is what the Zillow Home Value Index (ZHVI) measures. In Cleveland, Ohio, that index valued the typical home at $115,810 in September 2026. That figure sits at −0.8% on a year, compared with $366,157 for the US. The price equals 2.7 years of median household income, compared with 4.5 for the US.

Home pricesCleveland, OhioUnited States
Typical home value, September 2026$115,810$366,157
12-month change−0.8%+1.2%
10-year change+98.2%+77.4%
Price to income (years of median income)2.74.5
Price to rent (years of asking rent)7.115.8

Days on market, the forecast, and the price chart since 2000: housing market in Cleveland, Ohio.

What salary you need to live in Cleveland, Ohio

In Cleveland, Ohio, the salary that buys what your pay buys today rests on two things: the place you live and what you earn.

  1. Moving away from
  2. Salary

See the method and compare all cities directly: city-by-city cost of living comparison.

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Cleveland, Ohio cost of living compared with other cities

CityLevel of pricesHousingRent that is typicalValue of a typical home
Cleveland, Ohio93.979.4$1,359$115,810
Columbus, Ohio95.587.9$1,471$243,122
Cincinnati95.487.6$1,432$245,743
Dayton92.772.7$1,241$137,939
New York City112.6148.6$4,089$825,854
Los Angeles113.6170.4$2,772$927,891
Chicago103.6112.0$2,311$334,108
Houston98.6104.5$1,544$259,465
Phoenix103.3121.2$1,571$404,067

Price levels come from the 2024 BEA regional price parities, US = 100. Rent data: Zillow ZORI. Home values: Zillow ZHVI, September 2026.

Every city, ranked: city cost of living comparison. Each state: state cost of living.