Cost of Living in Cleveland, OH

Is it worth moving here?

How far does a $70,000 salary go in Cleveland? Estimated income taxes on that gross salary total approximately $8,450 per year — combining federal taxes with Ohio's state income tax. Subtract rent for a 2-bedroom apartment ($1,279/month based on HUD Fair Market Rents for the Cleveland metro area) and the estimated annual take-home is $46,202, or roughly $3,850 per month for everything else: food, transportation, savings, and discretionary spending.

The Cleveland metro has a cost of living index of 78.2 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 22% below the national average, Cleveland is a genuinely affordable metro where everyday expenses stretch further than in most cities.

At a $70,000 salary, the estimated 2-bedroom rent in Cleveland represents approximately 22% of gross income. That falls comfortably below the 30% rent-burden guideline, a healthy position for building savings.

Annual Breakdown

Gross Salary $70,000
Taxes (Est.) ...
Housing (Rent) -$15,348
Net Income ...

Cost of Living Index

78.2
Cheaper Avg (100) Pricier

Living in Cleveland, OH is roughly 22% less expensive than the national average.

Monthly Take-Home

... / mo

Affordability Score

Grade
Rent Burden –%
Affordable (<20%) 30% Rule Stretched (>40%)

K-12 Schools

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Schools 554
Enrollment 277,158
Pupil:Teacher 0:1
Charter 13.7%
Title I 0%