Housing costs in Pontiac?
A typical home costs
$105,300, which is 68.9% less expensive than the national average of
$338,100 and 51.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Pontiac costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Pontiac?
To live comfortably in Pontiac, Michigan, a minimum annual income of
$20,160 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Pontiac?
Pontiac, MI has a lower cost of living than the national average. According to the data given, the cost of living in Pontiac is 83.4 compared to the US average of 100. This means that basic expenses such as housing, groceries, and utilities are more affordable in Pontiac than other places in the country. The median house value in Pontiac is $105,300 which is less than one-third of the US average at $338,100. Therefore, living in Pontiac can be an attractive option for those looking for budget-friendly options on housing and day-to-day expenses.