Housing costs in Lake Mohawk?
A typical home costs
$186,200, which is 44.9% less expensive than the national average of
$338,100 and 5.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lake Mohawk costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 24.1% cheaper than the state average of
$980.
Can I afford Lake Mohawk?
To live comfortably in Lake Mohawk, Ohio, a minimum annual income of
$35,640 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Lake Mohawk?
The cost of living in Lake Mohawk, OH is very high. The median home price is currently at $364,000, which is nearly double the national average. Additionally, the local taxes are some of the highest in the state at around 7%. Groceries and other goods are also expensive due to their limited availability in the area. However, there are some opportunities to save money as well, such as taking advantage of discounts for living near a major university or using public transportation. Despite its higher costs of living, Lake Mohawk remains a desirable destination for many looking for a peaceful and serene environment with plenty of outdoor activities.