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Cleveland, Toledo ranked among top 3 affordable cities to buy first home

Cozy Living created the rankings based on median property price.

CLEVELAND — Calling all first time home buyers! If you’re searching for a house, Ohio is the place to be!

A new study by Living Cozy says Cleveland (#2) and Toledo (#3) are among the most affordable locations for those buying their first house.

The study, which created their list based on median property price, focused on those in Generation Z – described as “a generation that roughly spans from those born between the mid to late 1990s and the early 2010s.”

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Cleveland is known for its beautiful parklands, vibrant art and culture scene,” officials with the study noted. “The cost of living in Cleveland is also said to be 27.4% lower than the national average, meaning that it is not just house prices that are cheaper in the city, but groceries, transportation, utilities and entertainment are all notably lower.”

Here’s how the top 10 locations ranked:

  • Detroit: $61,539
  • Cleveland: $97,439
  • Toledo: $99,507
  • Memphis: $129,392
  • Tulsa: $159,080
  • St. Louis: $160,052
  • Wichita: $164,491
  • Milwaukee: $168,803
  • El Paso: $173,839
  • Oklahoma City: $173,843

When it came to the best overall cities for Gen Z to live, Cincinnati (#20) and Columbus (#26) were the only two Ohio locations to make the top 30 list. Factors included health care providers, job prospects and equality.

You can read full results of the study HERE.

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