Housing costs in Lake Tomahawk?
A typical home costs
$203,500, which is 39.8% less expensive than the national average of
$338,100 and 3.3% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lake Tomahawk costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Lake Tomahawk?
To live comfortably in Lake Tomahawk, Ohio, a minimum annual income of
$38,880 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lake Tomahawk?
The cost of living in Lake Tomahawk, OH is quite reasonable and affordable. The median home value in the area is around $175,000, which is significantly lower than many other parts of Ohio and the country as a whole. Additionally, groceries, utilities, and transportation are all relatively inexpensive compared to the national average. In addition to this, the unemployment rate in the area is well below the national average, providing plenty of opportunities for residents looking for employment. Overall, Lake Tomahawk is an economical and desirable place to live.