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Cincinnati In The News

Affordability makes Cincy hotbed for tech talent attraction

Cintrifuse is one of the many reasons tech talent flocks to the region.


According to a new report from CBRE Group Inc., Ohio has some of the lowest living expenses in the U.S. for attracting tech talent, with Cincinnati among the leading cities.

The report shows that Cincinnati is the sixth-most affordable tech market in the U.S., with the Midwest home to four of the top six markets. The results are based on the rent-to-tech wage ratio in 50 U.S. cities.

Columbus came in at no. 1 with a ratio of 11.3 percent, followed by Oklahoma City (11.4 percent), St. Louis and San Antonio (12.6 percent each), Indianapolis (12.7 percent) and Cincinnati (13 percent).

Those six cities are also among the top 10 markets for the most affordable apartment rents. New York has the least affordable tech market (35 percent), followed by Long Island and Los Angeles.

To read the full report, click here.

 

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