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192nd most affordable of 199 in Metro Detroit

Cost of Living in Pontiac, MI

A typical home in Pontiac costs about $1,143 a month, 30.9% of the median household income of $44,329. That makes Pontiac the 56th most affordable of 56 places in Oakland County and 192nd of 199 across Metro Detroit.

Median rent a month
$1,063
Median home value
$121,700
Owner cost with a mortgage
$1,223
Of income on housing
30.9%

Pontiac against Oakland County and the metro

Census median Pontiac Oakland County Metro Detroit
Median rent (monthly) $1,063 $1,376 $1,207
Median home value $121,700 $343,600 $249,700
Owner cost with a mortgage (monthly) $1,223 $1,998 $1,720
Median household income (yearly) $44,329 $97,760 $76,664
Share of income on housing 30.9% 20.7% 22.9%

Ranked 56th most affordable of 56 in Oakland County. See all 56.

Cost of living near Pontiac

The towns around Pontiac, each with its own page.

Living in Pontiac

Pontiac cost of living questions

5 questions

Is Pontiac, MI expensive to live in?
A typical home in Pontiac takes 30.9% of the median household income, against 22.9% across Metro Detroit, which ranks it 192nd most affordable of 199 places.
What is the average rent in Pontiac?
The median gross rent is $1,063 a month, rent plus the utilities the renter pays, 12% below the metro.
How much does a house cost in Pontiac?
Owners put the median home value at $121,700, 51% below the metro. With a mortgage, the median owner pays $1,223 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Pontiac?
Spending no more than 30% of income on housing, the usual rule, a typical Pontiac home at $1,143 a month calls for about $46,000 a year. The median household here earns $44,329.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Pontiac. They are medians, half above and half below, and today's listings and rents can differ.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.