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Cost of Living in ZIP 45204

Is it better to rent or buy in ZIP 45204? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$45,842
$906/mo

Median in area: $906

$112,818

Median in area: $112,818

$22,564

If you Rent

$1,097 /mo
Base Rent$906
Est. Utilities$191
% of Income28.7%
Pre-tax Residual$2,723

If you Buy

$1,001 /mo
P&I (7.366%)$623
Taxes & Ins$187
Est. Utilities$191
% of Income26.2%
Pre-tax Residual$2,819

Compare Nearby Areas

See how ZIP 45204 stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 45204?

Based on median housing data, buying is currently more affordable on a monthly basis in ZIP 45204. The estimated all-in monthly cost for renting is $1,097, while owning a median-priced home with a 20% down payment is roughly $1,001 per month (a difference of $96).

How much do utilities cost in ZIP 45204?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 45204 is approximately $191. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 45204?

To comfortably afford the median rent and utilities in ZIP 45204 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,880 per year.