Is Cincinnati, OH cheaper than New York, NY?

Based on cost of living data, Cincinnati, OH is 47.0% cheaper than New York, NY. This translates to saving $3527 per month.

What salary do I need in Cincinnati, OH to live like I do in New York, NY?

If you earn $150,000 in New York, NY, you'd need approximately $107,678.571 in Cincinnati, OH to maintain the same standard of living.

How does housing cost compare between New York, NY and Cincinnati, OH?

Housing in Cincinnati, OH is 72.8% cheaper than in New York, NY. For a two-bedroom apartment, rent is $1,200/month in Cincinnati, OH compared to $3,590/month in New York, NY.

How much can I save per month by moving from New York, NY to Cincinnati, OH?

Moving from New York, NY to Cincinnati, OH could save you approximately $3527 per month, or $42321 per year, based on a $150,000 salary.

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New York, NY

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Cincinnati, OH

Cost of Living Comparison 2026

Current salary in New York, NY

Numbers update automatically as you type

You'd save $3.5K/month moving to Cincinnati, OH

$150.0K in your current city equals $107.7K in Cincinnati, OH

Rent data from HUD ZIP-level estimates · COL index from New York-Newark-Jersey City, NY-NJ-PA area

Overall Cost

↓ 47.0%

Less expensive

Monthly Impact

$3,527

Savings

Annual Impact

$42.3K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

New York, NY

Population:8337K

Cost Index:100

Median Home:$1.05M

Cincinnati, OH

Population:309K

Cost Index:53

Median Home:$225K

New York, NY

The Empire State

8.3M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Most populous city in the US
•Major global financial center
•World-renowned cultural hub

Major Industries

FinanceReal EstateTechnologyMedia

Cincinnati, OH

The Buckeye State

309K

Population

State Tax

Yes

Located in Ohio, this city has a population of 309K residents.

Cost Breakdown by Category

Annual spending: New York, NY vs Cincinnati, OH

Category	New York, NY	Cincinnati, OH	Difference	Change
🏠Housing	$7,648/mo	$2,079/mo	↓ $5,569less	72.8%
📦Other	$2,034/mo	$1,607/mo	↓ $427less	21.0%
🚗Transportation	$1,602/mo	$1,216/mo	↓ $387less	24.1%
🛒Groceries	$1,165/mo	$919/mo	↓ $246less	21.1%
⚡All Utilities	$600/mo	$464/mo	↓ $136less	22.6%
🏥Healthcare	$688/mo	$564/mo	↓ $124less	18.0%

🏠Housing

↓ 72.8%

New York, NY

$7,648

Cincinnati, OH

$2,079

Difference

$5,569

less

📦Other

↓ 21.0%

New York, NY

$2,034

Cincinnati, OH

$1,607

Difference

$427

less

🚗Transportation

↓ 24.1%

New York, NY

$1,602

Cincinnati, OH

$1,216

Difference

$387

less

🛒Groceries

↓ 21.1%

New York, NY

$1,165

Cincinnati, OH

$919

Difference

$246

less

⚡All Utilities

↓ 22.6%

New York, NY

$600

Cincinnati, OH

$464

Difference

$136

less

🏥Healthcare

↓ 18.0%

New York, NY

$688

Cincinnati, OH

$564

Difference

$124

less

🏛️ Local Income Taxes

New York, NY: NYC Income Tax$5,689/yr (3.8%)

Cincinnati, OH: Cincinnati Earnings Tax$2,700/yr (1.8%)

Net difference-$2,989/yr

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$3,120

To$850

↓ $2,270

1 Bed

From$3,270

To$935

↓ $2,335

2 Bed

From$3,590

To$1,200

↓ $2,390

3 Bed

From$4,500

To$1,585

↓ $2,915

New York, NYZIP-level data

1BR range: $2,260–$3,990/mo

Cincinnati, OHZIP-level data

1BR range: $760–$1,580/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$13,737

Monthly in New York, NY

$6,849

Monthly in Cincinnati, OH

$6,888

Difference

Home Values

New York

Cincinnati

$1.05M

Median Value

$225K

↓ -0.1%

YoY Change

↑ +1.2%

↓ -5.9%

5-Year Change

↑ +31.9%

$471K - $3.49M

Price Range

$113K - $592K

Homes in Cincinnati are 79% less expensive than New York

Calculate payment - New York Calculate payment - Cincinnati

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $5.1K

Per year

Monthly Difference

$426

More take-home

Effective Rate Diff

3.4%

Rate difference

New York, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Cincinnati, OH

Federal Income Tax

Effective: 18.9%

$25.5K

Ohio State Tax

Effective: 3.0%

$4.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.6%

$41.4K

Take-Home Pay

$9,047/month

$108.6K

Additional Tax Information

New York, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

Cincinnati, OH Tax Rates

Sales Tax:7.2%

Property Tax:1.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.