Housing costs in Portage?
A typical home costs
$227,600, which is 32.7% less expensive than the national average of
$338,100 and 4.1% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Portage costs
$930 per month, which is 15.5% cheaper than the national average of
$1,100 and 12.9% cheaper than the state average of
$1,050.
Can I afford Portage?
To live comfortably in Portage (zip 49002), Michigan, a minimum annual income of
$43,560 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Portage?
The cost of living in 49002 Portage, MI is generally considered to be quite reasonable. According to the most recent data from the Council for Community and Economic Research, it's estimated that living expenses here are approximately 9.3% lower than the national average. Housing costs tend to be relatively low in this area compared to other parts of the country, as well as food costs and transportation costs. Additionally, utilities are also known to be highly affordable when compared to other areas. In short, if you're looking for an affordable place to live with plenty of amenities nearby, then 49002 Portage, MI might be a great fit for you.