Cincinnati Ranks Among the Most Affordable Tech Markets in U.S.

Bill Cieslewicz – Managing editor, Cincinnati Business Courier

Ohio boasts some of the lowest living expenses in the U.S. for attracting tech talent, with Cincinnati among the leading cities, according to a new report.

CBRE Group Inc. Research’s 2017 Scoring Tech Talent 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 ranked No. 1 on the list 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 among the top 10 markets for the most affordable apartment rents.

New York was the least affordable tech market (35 percent), followed by Long Island, N.Y. and Los Angeles.

To read the entire report, click here.

CBRE Group (NYSE: CBG), based in Los Angeles, is the world’s largest commercial real estate services and investment firm, based on 2016 revenue.The company has more than 75,000 employees and serves real estate investors and occupiers through 450 offices worldwide.

For information, click here.

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