Average Rates & Usage in Cincinnati The average households monthly natural gas usage was 140 therms, making the average bill around $105.
What is the average electric bill in Cincinnati?
In Cincinnati, OH, the average monthly electricity bill for residential consumers is $138/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,178 kWh * 12 ¢/kWh.
How much are utilities per month in Cincinnati?
Utility costs in Cincinnati
The median monthly energy bill in this city is around $130.09. The national average is over $160 per month.
What is the average gas bill per month in Ohio?
According to the same 2021 Ohio Public Utilities Commission survey, the average natural gas bill for homeowners in these Northeast Ohio cities are as follows: Ashtabula: $76.28. Canton: $76.20. Cleveland: $76.67.
What is the average monthly gas usage?
Well, low household gas consumption is roughly defined as 8,000kWh, rising to 12,000kWh for average consumption and 17,000kWh for high consumption. This means that average gas usage per month works out at 1,000 kWh.
What is typical household gas usage?
| Consumption rate | Usage (in kWh) |
|---|---|
| Low | 8,000 |
| Medium | 12,000 |
| High | 17,000 |
How much money do you need to live in Cincinnati?
The Census Bureau reports that the median salary in Cincinnati is $42,663. If you want to spend the recommended 30% of your income on rent, you will need to earn $31,120 to live in a one-bedroom apartment in Cincinnati. You can live well in Cincinnati on an average salary in a one or two bedroom apartment.
Is Cincinnati Ohio expensive to live?
Cincinnati is one of the most affordable cities to live in the U.S. In the Cincinnati Region you can buy a great house for an affordable price, as well as pay for groceries, healthcare, transportation, and utilities without busting your budget.
Why is rent so high in Cincinnati?
But rising mortgage rates, a dearth of homes for sale and demographic shifts that find more and more people choosing to rent promise to stoke the red-hot demand for apartments in Cincinnati and keep rents rising at a steady pace.
Is Cincinnati a good place to retire?
Cincinnati ranks as the best place in Ohio and among the top 10% of cities in the U.S. to retire, according to a new report. The Queen City ranks No. 14 in 2019’s Best & Worst Places to Retire, a study from personal financial website Wallet Hub.
How much does the average person spend on gas a month 2022?
Personal Capital proprietary data shows that consumers spent more per transaction in the past year, now up by 35%. As of June 11, the average weekly spend on gas has increased to $110.
Highest & Lowest Spend by State.
| State | Spend Per Transaction |
|---|---|
| California | $68.42 |
| Connecticut | $65.76 |
| New Jersey | $64.38 |
| New York | $63.31 |
How much should I budget for gas per month?
The average annual residential gas bill was $670 in 2020, according to the most recent data from the American Gas Association. That’s about $56 per month.
How much does the average person spend on gas a month 2021?
between $150 and $200
To give you a ballpark estimate for your budget, the average American spends between $150 and $200 on gas each month. However, your exact costs on fuel will depend on several factors—mainly, which state you live in, how much you drive, and the fuel-grade you use for your car.
What uses the most gas in a home?
space heating
Just as you may have suspected, space heating and water heating — followed by electricity generation — use the most residential gas.
Why is the gas bill so high?
Why is my electricity or gas bill so high? There is a number of reasons as to why your energy bill is higher than you expected. These could include the bill being based on an estimated rather than actual energy use, inadequate insulation, a cold spell, having just moved to a new home and lots more.
Why am I using so much gas in my house?
Consistently high bills, or high bills in the summer when heating costs drop for most households, can often be attributed to high gas supply rates, older, inefficient appliances, poor appliance maintenance, window and door drafts, heat loss through the attic or chimney, or opportunities to better manage your thermostat
Is Ohio or Kentucky cheaper to live in?
Ohio is 7.7% more expensive than Kentucky.
How much does it cost to live comfortably in Ohio?
The typical renter in Ohio spends $788 a month on housing, $235 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $615, while the typical rent for a unit with five or more bedrooms is $1,031.
Is it a good time to buy a house in Cincinnati Ohio?
Homes are on the market only 5 days before going under contract, and both sold prices and volumes are up over 10% year-over-year, according to the Cincinnati Area Board of Realtors (CABR, as of November 2021). Key Market Stats: Zillow Home Value Index (ZHVI) for Cincinnati is $215,291 through November 2021.
Why is rent so high in Cincinnati 2022?
It’s also well below the median national asking price, which surpassed $2,000 in May 2022, a 15 percent annual increase. Redfin Deputy Chief Economist Taylor Marr says the increase is because more people are choosing to live alone and rising mortgage interest rates are forcing would-be homebuyers to keep renting.
Is the housing market slowing down in Cincinnati?
Cincinnati Housing Market Prices & Forecasts 2021-2022
As mentioned above, with supply and demand continuing to favor sellers, prices have been rising steadily in the entire Cincinnati metro area housing market.
What percentage of Cincinnati is black?
41.37%
According to the most recent ACS, the racial composition of Cincinnatiwas: White: 50.33% Black or African American: 41.37% Two or more races: 4.58%