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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in Cincinnati might be more expensive than living in rural Ohio, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Cincinnati neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Cincinnati are the cheapest.
The Cheapest Neighborhoods In Cincinnati For 2022
What's the cheapest neighborhood to live in Cincinnati for 2022? According to the most recent census data, West Price Hill looks to be the cheaptest Cincinnati neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Cincinnati. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Cincinnati that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Cincinnati.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Ohio reading, check out:
- Best Places To Live In Ohio
- Cheapest Places To Live In Ohio
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In Cincinnati For 2022
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Population: 19,093
Cost Of Living Index: 82 (6th cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.017 (20th cheapest)
More on West Price Hill: Homes For Sale | Data
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Population: 5,480
Cost Of Living Index: 89 (26th cheapest)
Home Value To Income Ratio: 2.1 (7th cheapest)
Rent To Income Ratio: 0.01 (5th cheapest)
More on Hartwell: Homes For Sale | Data
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Population: 2,163
Cost Of Living Index: 86 (20th cheapest)
Home Value To Income Ratio: 2.0 (4th cheapest)
Rent To Income Ratio: 0.016 (18th cheapest)
More on Winton Place: Homes For Sale | Data
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Population: 1,291
Cost Of Living Index: 83 (10th cheapest)
Home Value To Income Ratio: 2.0 (2nd cheapest)
Rent To Income Ratio: 0.021 (34th cheapest)
More on Lower Price Hill: Homes For Sale | Data
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Population: 14,184
Cost Of Living Index: 85 (16th cheapest)
Home Value To Income Ratio: 2.6 (16th cheapest)
Rent To Income Ratio: 0.014 (13th cheapest)
More on College Hill: Homes For Sale | Data
Population: 672
Cost Of Living Index: 107 (40th cheapest)
Home Value To Income Ratio: 2.1 (6th cheapest)
Rent To Income Ratio: 0.0 (cheapest)
More on California: Homes For Sale | Data
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Population: 4,580
Cost Of Living Index: 87 (22nd cheapest)
Home Value To Income Ratio: 2.5 (15th cheapest)
Rent To Income Ratio: 0.012 (10th cheapest)
More on Kennedy Heights: Homes For Sale | Data
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Population: 4,309
Cost Of Living Index: 82 (6th cheapest)
Home Value To Income Ratio: 2.0 (cheapest)
Rent To Income Ratio: 0.028 (40th cheapest)
More on South Fairmount: Homes For Sale | Data
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Population: 6,754
Cost Of Living Index: 84 (13th cheapest)
Home Value To Income Ratio: 2.1 (5th cheapest)
Rent To Income Ratio: 0.021 (33rd cheapest)
More on Roselawn: Homes For Sale | Data
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Population: 2,624
Cost Of Living Index: 85 (16th cheapest)
Home Value To Income Ratio: 2.7 (18th cheapest)
Rent To Income Ratio: 0.015 (17th cheapest)
More on Sayler Park: Homes For Sale | Data
Methodology: How We Determined The Cheapest Cincinnati Hoods In 2022
In order to rank the cheapest places to live in Cincinnati, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 45 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Cincinnati." We're lookin' at you, West Price Hill.
Read on below to learn more about what it's like to live in the cheapest places Cincinnati. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Cincinnati
If you're measuring the neighborhoods in Cincinnati where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Cincinnati aren't all cheap. Clifton takes the title of the most expensive neighborhood to live in Cincinnati.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Ohio reading, check out:
- Most Dangerous Cities In Ohio
- Richest Cities In Ohio
- Safest Places In Ohio
- Worst Places To Live In Ohio
Detailed List Of The Cheapest Neighborhoods To Live In Cincinnati For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | West Price Hill | 82 |
2 | Hartwell | 89 |
3 | Winton Place | 86 |
4 | Lower Price Hill | 83 |
5 | College Hill | 85 |
6 | California | 107 |
7 | Kennedy Heights | 87 |
8 | South Fairmount | 82 |
9 | Roselawn | 84 |
10 | Sayler Park | 85 |
11 | Carthage | 84 |
12 | East Price Hill | 83 |
13 | North Fairmount | 80 |
14 | Westwood | 84 |
15 | Mount Washington | 95 |
16 | Winton Hills | 81 |
17 | Central Business District | 97 |
18 | Riverside | 86 |
19 | Mount Airy | 89 |
20 | Pleasant Ridge | 95 |
21 | Bond Hill | 85 |
22 | Madisonville | 91 |
23 | North Avondale | 90 |
24 | Camp Washington | 86 |
25 | East Westwood | 79 |
26 | Avondale | 81 |
27 | West End | 79 |
28 | Northside | 88 |
29 | Cuf | 83 |
30 | East End | 98 |
31 | Linwood | 112 |
32 | Mount Lookout | 120 |
33 | Sedamsville | 85 |
34 | Paddock Hills | 92 |
35 | Oakley | 101 |
36 | Mount Auburn | 91 |
37 | Columbia-Tusculum | 110 |
38 | Evanston | 91 |
39 | Mount Adams | 122 |
40 | Hyde Park | 111 |
41 | Walnut Hills | 88 |
42 | Corryville | 87 |
43 | South Cumminsville | 83 |
44 | Over-The-Rhine | 92 |
45 | Clifton | 105 |