Housing costs in Portage?
A typical home costs
$241,600, which is 28.5% less expensive than the national average of
$338,100 and 9.0% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Portage costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 7.5% more than the state average of
$980.
Can I afford Portage?
To live comfortably in Portage, Indiana, a minimum annual income of
$46,440 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Portage?
The cost of living in Portage, IN is relatively affordable. The median household income for the city is $43,816, and the median home value is $135,800 according to recent data from the BestPlaces Bureau. Housing costs are much more manageable than other cities in the state and across the country due to its lower taxes and cost of living. Additionally, groceries, health care and other necessary expenses are all quite affordable. Despite its affordability, Portage remains a desirable place to live due to it being close to both Chicago and Lake Michigan and offering plenty of outdoor activities such as fishing, boating, hiking and camping.