Economics Teachers, Postsecondary Salary
In Cleveland, OH, economics teachers, postsecondaries earn $102,690 at the median. The range runs from $41K at the entry level to $163K for experienced workers. Cost of living is below average (RPP 93.92), which stretches that salary to about $109,338 in buying power. Rent on a 2-bedroom averages $1,279/month, or 19.7% of estimated take-home pay.
So what does $103K get you in Cleveland?
Groceries, utilities, transportation, and healthcare scaled from national averages by Cleveland’s Regional Price Parity (93.92). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About economics teachers, postsecondaries
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Cleveland
Pay for economics teachers, postsecondary in Cleveland runs about 17% below the U.S. median of $124K. Housing is manageable: a 2-bedroom at the HUD median costs $1,279/month, 19.6% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.92 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Cleveland can be a reasonable trade-off for economics teachers, postsecondarys who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for economics teachers, postsecondaries in metros near Cleveland, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Columbus | $127K | $133K |
| Philadelphia-Camden-Wilmington | $127K | $124K |
| Ann Arbor | $186K | $184K |
| Detroit-Warren-Dearborn | $107K | $107K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Cleveland, OH
Entry-level economics teachers, postsecondaries (10th percentile) start around $41K. Mid-career wages sit at $103K. Top earners bring in $163K or more, a $122K spread from bottom to top.
Economics Teachers, Postsecondary pay across states
Median income ranked highest to lowest, compared to the national figure
View Economics Teachers, Postsecondary salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $202K | +63% | 80 |
| Massachusetts | $164K | +33% | 750 |
| District of Columbia | $162K | +31% | 220 |
| Connecticut | $156K | +26% | 300 |
| California | $137K | +11% | 770 |
| Arizona | $137K | +11% | 100 |
| Oregon | $136K | +10% | 180 |
| Vermont | $135K | +9% | 80 |
| Maryland | $134K | +8% | 200 |
| Louisiana | $133K | +7% | 70 |
| Nebraska | $131K | +6% | 90 |
| Michigan | $129K | +4% | 350 |
| Virginia | $129K | +4% | 460 |
| Utah | $128K | +4% | 150 |
| New York | $128K | +3% | 1,240 |
| Maine | $126K | +2% | 70 |
| Illinois | $125K | +1% | 460 |
| Texas | $119K | -4% | 770 |
| Pennsylvania | $118K | -5% | 610 |
| Georgia | $118K | -5% | 370 |
| Missouri | $117K | -6% | 150 |
| North Carolina | $114K | -8% | 490 |
| New Mexico | $110K | -11% | 60 |
| New Jersey | $110K | -11% | 410 |
| South Carolina | $109K | -12% | 110 |
| Minnesota | $108K | -12% | 250 |
| Oklahoma | $107K | -13% | 110 |
| Kentucky | $106K | -14% | 120 |
| Ohio | $106K | -15% | 410 |
| Indiana | $105K | -15% | 150 |
| Tennessee | $105K | -16% | 250 |
| Kansas | $103K | -16% | 130 |
| Alabama | $101K | -18% | 90 |
| Wisconsin | $100K | -19% | 310 |
| Colorado | $99K | -20% | 270 |
| Washington | $97K | -22% | 190 |
| West Virginia | $91K | -26% | 40 |
| Florida | $91K | -26% | 150 |
| Mississippi | $88K | -29% | 70 |
| South Dakota | $86K | -31% | 40 |
| Iowa | $85K | -31% | 80 |
| Arkansas | $77K | -38% | 40 |
Showing 1–10 of 42 states
BLS does not publish data for every state when sample sizes are too small
Track economics teachers, postsecondary salary changes
BLS updates this data quarterly. We'll email you when Cleveland numbers change.
Related careers in Education
Frequently asked questions
Can a economics teachers, postsecondary afford a 2BR apartment alone in Cleveland?
Yes — at the median salary of $103K, rent takes 19.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,279/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for economics teachers, postsecondaries in Cleveland?
The 10th-percentile wage — what new economics teachers, postsecondaries typically earn — is $41K/year. Take-home on that works out to about $2,455/month. At HUD’s $1,279/month FMR, rent would take 52% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is economics teachers, postsecondary a high-paying job in Cleveland?
Local pay runs 17% below the national median — $103K here vs. $124K nationally. Cost of living is 6% below the national average, which narrows that gap in real purchasing power.
How does Cleveland compare to the national average for economics teachers, postsecondaries?
Cleveland pays $103K median vs. the U.S. average of $124K — that’s -17%. After adjusting for local cost of living (RPP 93.92), the purchasing-power equivalent is $109K — below the national median.
How much do economics teachers, postsecondaries make in Cleveland, OH?
The median is $102,690 a year. But the range is wide: entry-level workers start around $40,920, and experienced economics teachers, postsecondaries can clear $162,960. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $103K enough to live in Cleveland?
On that salary, you'd take home roughly $6,539/month after taxes. A 2-bedroom here rents for about $1,279/month, which eats 19.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a economics teachers, postsecondary salary go in Cleveland?
Cleveland has a Regional Price Parity of 93.92 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $109,338 in national-average purchasing power.
Where do economics teachers, postsecondaries get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.