Quality of Life in Cleveland, OH on an Annual Salary of $98,880

Overview

Cleveland, Ohio offers a unique blend of cultural richness, affordable living, and diverse amenities. An individual earning $98,880 per year would generally enjoy a comfortable lifestyle relative to the cost of living in the city compared to the broader United States.

Cost of Living

• Overall Affordability: Cleveland's cost of living is notably lower than the national average, making it an attractive place for those earning a median to high income.
• Transportation and Utilities: Public transportation, gasoline, and utility costs are relatively affordable, contributing to lower day-to-day expenses.
• Groceries and Dining: The costs associated with groceries and dining out in Cleveland are often below national averages, enhancing disposable income.

Housing Market

• Median Home Prices: The housing market in Cleveland features median home prices significantly lower than the national average. As of recent data, the median home price is approximately $150,000.
• Affordability: A salary of $98,880 provides ample room to comfortably purchase or rent a home, with the potential to secure larger or more upgraded living spaces compared to many other metropolitan areas in the U.S.
• Rental Market: Rental prices are also favorable, with a wide variety of options available at different price points.

Quality of Life

• Cultural and Recreational Amenities: Cleveland boasts a vibrant cultural scene, including world-class museums, theaters, and music venues. Residents have access to numerous parks and recreational areas for outdoor activities.
• Community and Atmosphere: Known for its friendly Midwestern hospitality, Cleveland offers a strong sense of community and a relatively low crime rate in many neighborhoods.

Access to Healthcare

• Healthcare Facilities: Cleveland is home to several top-rated hospitals, including the Cleveland Clinic, consistently ranked among the best in the country.
• Quality and Cost: The city provides high-quality healthcare services, although healthcare costs align closely with national averages.

Quality of K-12 Schools

• Public Schools: The quality of public education in Cleveland varies by district, with some schools offering excellent educational opportunities while others face challenges.
• Private and Charter Schools: There are numerous private and charter school options, providing alternative educational choices for families seeking higher quality or specialized programs.

Summary

An individual earning $98,880 annually in Cleveland, OH benefits