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Cincinnati, KY vs Clarksville, KY
A 2-bedroom in Clarksville costs $7 less per month than Cincinnati ($1,346 vs $1,353). Median income is $79,490 in Cincinnati and $66,210 in Clarksville. That's a difference of $84 per year in housing costs.
Side-by-Side Comparison
| Metric | Cincinnati | Clarksville |
|---|---|---|
| Studio FMR | $958 | $1,090 |
| 1BR FMR | $1,051 | $1,094 |
| 2BR FMR | $1,353 | $1,346 |
| 3BR FMR | $1,785 | $1,871 |
| 4BR FMR | $1,976 | $2,258 |
| Median Income | $79,490 | $66,210 |
| Rent Burden | 20.4% | 24.4% |
| Actual Median Rent | $1,047 | $1,141 |
| Median Home Value | $240,200 | $229,400 |
| Population | 2.3M | 329K |
| Renter % | 31.9% | 37.9% |
| Vacancy Rate | 6.5% | 9.5% |
| Poverty Rate | 11.6% | 13.2% |
| YoY Change | +13.2% | +8% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Cincinnati, KY
Annual Income Needed
$54,120
Hourly Wage Needed
$26/hr
Min Wage Work Hours/Week
143.6 hrs
at $7.25/hr (KY min wage)
Clarksville, KY
Annual Income Needed
$53,840
Hourly Wage Needed
$26/hr
Min Wage Work Hours/Week
142.8 hrs
at $7.25/hr (KY min wage)
Frequently Asked Questions
Clarksville, KY is more affordable with a 2BR FMR of $1,346/mo, which is $7 less than Cincinnati at $1,353/mo. However, when considering local incomes, Cincinnati has a rent burden of 20.4% vs 24.4% in Clarksville.
A 2-bedroom in Cincinnati, KY costs $1,353/mo at Fair Market Rent, while in Clarksville, KY it's $1,346/mo, a difference of $7/mo or $84/year.
To afford a 2BR without spending more than 30% of income on rent: Cincinnati requires $54,120/year ($26/hr). Clarksville requires $53,840/year ($26/hr).
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