Housing costs in Portage?
A typical home costs
$169,800, which is 49.8% less expensive than the national average of
$338,100 and 13.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Portage costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% cheaper than the state average of
$980.
Can I afford Portage?
To live comfortably in Portage (zip 43451), Ohio, a minimum annual income of
$32,400 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Portage?
The cost of living in 43451 Portage, OH is relatively low when compared to other cities in Ohio. The median home value for this area is $92,900, which is significantly lower than the state average of $143,000. In addition, the median household income in the area is approximately $46,851 per year. This figure is slightly below the state average of $52,000 per year. In terms of transportation costs, the cost of gasoline in this area averages around $2.50 per gallon and public transportation costs are relatively low as well. Additionally, utility costs are also lower than the national average in this area. All these factors contribute to a low cost of living for those living in the 43451 Portage region.