What’s better than a one-bedroom apartment? A two-bedroom apartment! 🥳 Think of all the fun you could have in that bonus room! Play some music. Throw some raves. Avoid getting evicted. 🪩🕺
Depending on where you live in the Buckeye State, you’ll have to earn a certain size paycheck to get that cozy apartment. 💵 We’ve got all the stats right here. 👇
Here’s Five Fast Facts on paychecks and apartments:
- 🏘️ Bed, Bath, & Beyond - According to a new report, Ohioans need to earn at least $20.81 an hour at a full-time job to be able to afford a “modest” two-bedroom apartment. That’s a 9% increase from last year’s report when it was $19.09 an hour.
- 🏙️ Big City Life - If you live in one of Ohio’s three biggest cities, you’ll have to earn even more. In Columbus, you’ll need to make $25.04 an hour. Cincinnati renters need to make $22.98 an hour. In Cleveland, you’ll need to earn $21.31 an hour.
- 💸 Burn to Earn - According to Ohio jobs data, only two out of the ten professions with the most employees in the state make more than $20.81 (registered nurses and general operations managers). Common Ohio jobs that typically pay out less than $20 include customer service reps, retail salespeople, and home health workers.
- 🫠 Double Dare - Right now, Ohio’s minimum wage is $10.45 an hour. That means that a person with a minimum wage job would have to work 80 hours a week to get in that two-bedroom apartment. The current Fair Market Rent for a two-bedroom in the state is $1,082.
- 🏌️ Outta Here - If you can’t pay, you can’t stay. Last year, Ohio landlords filed almost 108,000 eviction cases last year, the most cases in almost ten years. Homelessness in Ohio has also jumped 7% between 2022 and 2023.
🔥Bottom line: We know, life ain’t cheap these days. We talk about it all the time LOL. Just our two cents, but hardworking Americans deserve to come home to a nice place to live…with a bonus room. Got kiddos? In this article, we spill the tea on Ohio’s early education system.
Do you live in an apartment in the Buckeye State?
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