Cost of Living in Cleveland, Ohio
Cleveland has a population of about 366,097. The median household income is $40,801, median gross rent is $945/month, and the median home value is $102,000. Below is how Cleveland compares to the US.
Is Cleveland expensive to live in?
Compared with the national median, rent in Cleveland is 43% below the national median and home values are 73% below the national median. Household income here is 51% below the national median. Monthly rent represents roughly 28% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Cleveland?
The median gross rent in Cleveland, Ohio is $945 per month (US Census ACS).
What is the median home price in Cleveland?
The median home value in Cleveland is $102,000.
How much do people earn in Cleveland?
The median household income in Cleveland is $40,801 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.