New York, NY vs Cincinnati, OH
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Cincinnati runs $215,000 versus $752,000 in New York, a 71% gap that dominates most relocation math. State income-tax burden also tilts toward Cincinnati — a top rate of 3.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$215,300 ✓
Zillow Home Value
$812,534
$244,309
Median Gross Rent
$1,779/mo
$953/mo ✓
Owner Occupied %
32.8%
38.9%
Price-to-Rent Ratio
35.2x
18.8x
Median Household Income
$79,713 ✓
$51,707
Per Capita Income
$50,776
$38,878
Unemployment Rate
7.7%
6.8% ✓
Poverty Rate
17.4%
24.5%
Avg Commute (min)
44.8 min
24.9 min
Drove Alone %
21.9%
66.2%
Public Transit %
45.5%
5.7%
Work From Home %
15.0%
13.2%
State Income Tax
10.9%
3.8%
Total Sales Tax
8.5%
7.2% ✓
Property Tax Rate
1.7%
1.6%
Bachelor's Degree %
23.6%
23.2%
Median Age
38
33
Avg High Temp
62.6°F
65.4°F
Annual Precipitation
49.5"
43.4"
Annual Snowfall
29.8"
—
New York, NY 1 wins
- ✓Median Household Income
Cincinnati, OH 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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