Housing costs in Pontiac?
A typical home costs
$106,000, which is 68.6% less expensive than the national average of
$338,100 and 51.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Pontiac costs
$1,070 per month, which is 2.7% cheaper than the national average of
$1,100 and 14.0% cheaper than the state average of
$1,220.
Can I afford Pontiac?
To live comfortably in Pontiac (zip 48340), Michigan, a minimum annual income of
$20,160 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Pontiac?
Pontiac, MI is a great place to live with its affordable cost of living. The average rent for a one-bedroom apartment in the 48340 zip code is around $750 per month, which is significantly lower than in other major cities in the area. Additionally, the overall cost of living for Pontiac residents is 8% lower than the US average. Groceries are also reasonably priced and utilities are less expensive compared to other parts of Michigan. All together, Pontiac offers an attractive combination of low housing costs and overall affordable living expenses for its residents.