I am asking for information about whether or not you intend to relocate to the Cincinnati region. Moving to Cincinnati, Ohio, means splitting your time between two large cities. Cincinnati’s location on the border between Ohio and Kentucky means that the city’s housing market features a wide range of both architectural styles and prices.
Cincinnati is a city that manages to preserve much of its Old World beauty even as it embraces new kinds of cultural development and industry. The state’s central location, low cost of living, and plenty of suburbs have helped to transform it from “flyover country” into a desirable place to call home.
A stable economy and an inexpensive cost of living are just two of the numerous benefits enjoyed by Cincinnati’s 302,600 city inhabitants and more than 2,290,000 in the metro region.
It’s a great location to live because of the Queen City’s rich history, booming culinary and brewing cultures, and plenty of cultural and recreational offerings throughout the year. If you’re thinking about making Cincinnati your new home, the material below will be a valuable resource.
The Cost of Living is Reasonable
Cincinnati’s inexpensive cost of living is only one of many reasons why the city should be considered as a potential permanent residence. An overall cost of living index of 84.6 indicates that living here is relatively inexpensive compared to the rest of the country (where the average is 100). Cincinnati’s overall cost of living is so low in large part because the cost of housing is so much lower than the national median.
As we move on to the following paragraph, we’ll discuss this issue in further depth. According to bestplaces.net, the cost of living in every category except for housing is below the U.S. average.
The cost of food is ranked at $98; the cost of utilities is also $98; the cost of healthcare is ranked at $85; the cost of transportation is ranked at $94; and the cost of other items such as child care, clothes, repairs, eating out, insurance, and so on is ranked at $97.
Prices in the Housing Market are Competitive
Cincinnati’s rising population is driving up housing prices, which are now low by national standards but are on the increase. The median house value in January 2020 was $161,383, much lower than the national median home value of $226,800.
In 2019, the average house price in Cincinnati was $156,500, while the average list price was $213,000. The property market is so competitive that there is a discrepancy between the number of homes for sale and the number that actually change hands.
There was a 6.7% rise in house value in 2019, and another 2.6% gain is predicted for 2020. Despite this, most homes in Cincinnati are rather antiquated. Only 1.5% of houses were built in the last 80 years, yet over 41% of the residences now for sale were built before 1940.
With a median age of 62 years, houses in this region are likely to be historic landmarks if you’re seeking a unique home. About 50% of the residential real estate market is occupied by renters, and the other 50% is occupied by homeowners. In January 2020, there was a $1,500 difference between the median rent in the city of Cincinnati and the median rent for the whole Cincinnati metro area.
Every Summer There Are Festivals
Moving to Cincinnati means that every summer there are a lot of festivals. You are more than welcome to take part in a church celebration that takes place throughout the summer, even if you are not a follower of the Catholic faith. This event takes place during the warmer months.
The vast majority of the city’s parishes are responsible for organizing and hosting these activities. The spectacular Taste of Cincinnati is another one of the city’s most popular summertime events, right up there with the Juneteenth festival and the Panegyric Greek Festival. Every year, over the weekend of Memorial Day, the city of Cincinnati plays host to this celebration.
The Standard of Education is High
Moving to Cincinnati also has its benefits, since the city is home to some of the best public and private schools in the country. There are several prestigious universities and colleges where ambitious students may enhance their studies and possibly improve their prospects. Three of the most prestigious schools in Ohio are Xavier University, Miami University, and the University of Cincinnati.
Superior Accessibility by Both Public Transport and Walking
Public transit is plentiful, and many areas are walkable. Even without a car, Cincinnati boasts great public transit. The Airporter, operated by the Transit Authority of Northern Kentucky (TANK), runs between the airport and downtown; the Cincinnati Red Bike cycle sharing program has more than 50 stations; vRide is a transit sharing program; and the Metro bus service commutes 20% of the city’s workforce. It’s no wonder Cincinnati scored 83 in this category. Interstate 74 links Chicago, Cleveland, Cincinnati, and Indianapolis east and west. I-75 connects Toledo, Ohio, to Lexington, Kentucky. I-71 east ends at Columbus.
The Brent Spence Bridge and I-71/I-75 interchanges are among the nation’s most congested. Cincinnati’s traffic has been notorious since the 20th century, and the city was recently voted the fifth worst in the nation. If you are moving to Cincinnati and you’re riding public transit, bookmark the city’s traffic alerts page for updates on closures and other delays. Walkscore.com calls Cincinnati a walker’s paradise. Few towns have a 98 walk score. Cincinnati’s bike infrastructure score of 65 is good and may improve.
The Conclusion
No matter how many times you’ve relocated overseas before, you still definitely have a lot of questions. Our thorough moving to Cincinnati, OH guide covers every step of the process, from the very beginning (planning) to the very end (bargaining for a moving package). If you take the time now to request free moving quotes from local movers in Cincinnati, you can ensure a smooth, easy, and stress-free transfer.
