Housing costs in Portsmouth?
A typical home costs
$81,000, which is 76.0% less expensive than the national average of
$338,100 and 58.9% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Portsmouth costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 34.2% cheaper than the state average of
$980.
Can I afford Portsmouth?
To live comfortably in Portsmouth, Ohio, a minimum annual income of
$15,480 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Portsmouth?
Portsmouth, OH is a great place to live with a relatively low cost of living. The cost of living index is estimated to be around 83, which is lower than the national average of 100. Housing costs are quite affordable in Portsmouth, with the median home value being just under $80,000 and an average rent of $575 per month. In addition, utilities, groceries, and transportation costs are all lower than the national averages as well. All in all, Portsmouth offers its residents an affordable lifestyle that can be enjoyed by all.