Ohio · Population 367,523 · Updated March 2026
How far your income goes in Cleveland
State-level tax rates that affect your costs
Cleveland is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 51 (where 100 equals the national median), Cleveland residents can expect to pay median rent of $894/month while earning a median household income of $39,187/year.
The median home value in Cleveland, OH is $94,100, with typical monthly owner costs around $866 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.4%, Cleveland falls within the generally affordable range, though it's approaching the 30% burden threshold.
Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in Cleveland.
Common questions about living costs in Cleveland
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