Cost of Living in Pontiac, MI
Updated November 2026 · Oakland County · Detroit-Warren-Dearborn, MI metro area · population 62,104
Prices in Pontiac are 2.6% below the US average (local index 97.4; the BEA index for the Detroit-Warren-Dearborn, MI metro area is 100.3), with local housing the biggest saving at 81.1; a single adult's modelled budget is about $2,373 a month and the median rent is $1,063.
Prices by category
CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Pontiac's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Detroit-Warren-Dearborn, MI metro area, unchanged.
Pontiac price index by category, US average = 100: All items 97.4, Housing (rents) 81.1, Goods 98.8, Utilities 107.0, Other services 102.6
It is the 17th most expensive of the 25 Michigan cities in our data. Cheaper than 67% of the cities we cover.
| BEA index | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| All items | 98.4 | 98.3 | 96.4 | 96.3 | 98.2 | 100.3 |
Monthly budget by household type
1 adult · 1-bedroom · modelled estimate for Pontiac, MI
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $690 | $8,280 | 29% |
| Utilities | $262 | $3,144 | 11% |
| Food at home | $279 | $3,348 | 12% |
| Transportation | $614 | $7,368 | 26% |
| Health care | $361 | $4,332 | 15% |
| Clothing, personal care & supplies | $167 | $2,004 | 7% |
| Total | $2,373 | $28,476 | 100% |
2 adults · 2-bedroom · modelled estimate for Pontiac, MI
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $903 | $10,836 | 22% |
| Utilities | $418 | $5,016 | 10% |
| Food at home | $515 | $6,180 | 13% |
| Transportation | $1,216 | $14,592 | 30% |
| Health care | $668 | $8,016 | 16% |
| Clothing, personal care & supplies | $329 | $3,948 | 8% |
| Total | $4,049 | $48,588 | 100% |
2 adults + 2 children · 3-bedroom · modelled estimate for Pontiac, MI
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,080 | $12,960 | 22% |
| Utilities | $509 | $6,108 | 10% |
| Food at home | $734 | $8,808 | 15% |
| Transportation | $1,618 | $19,416 | 32% |
| Health care | $623 | $7,476 | 12% |
| Clothing, personal care & supplies | $424 | $5,088 | 9% |
| Total | $4,988 | $59,856 | 100% |
Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.
Housing costs in Pontiac
Rent by number of bedrooms
| Size | Median rent |
|---|---|
| Studio | $939 modelled from city median rent |
| 1 bedroom | $855 |
| 2 bedrooms | $1,119 |
| 3 bedrooms | $1,338 |
| 4 bedrooms | $1,447 |
Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).
Rent, home values and affordability
| Measure | Value |
|---|---|
| Median gross rent | $1,063 |
| Median contract rent (excl. utilities) | $858 |
| Median home value | $121,700 |
| Owner costs with a mortgage | $1,223/mo |
| Median household income | $44,329 |
| Rent as % of renter income Expensive | 32.5% |
| Home value ÷ household income Very affordable | 2.7× |
Census ACS 5-year 2020-2024.
Electricity and gas prices
Residential electricity in Michigan
22.99¢ per kWh, August 2026
12-month change: +10.9% (from 20.73¢) · US 18.16¢
Average household uses 630 kWh a month in Michigan ≈ $134/month. Source: EIA-861M (statewide average).
Regular gasoline regional figure: Midwest (PADD 2)
$4.10 per gallon, week of 2026-11-02
12-month change: +45.0% (from $2.83) · US $4.15
EIA weekly retail price survey; Michigan is covered by the Midwest (PADD 2) average.
Inflation in the Midwest
Consumer prices in the Midwest Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.
Salary equivalent
Because prices in Pontiac are 2.6% below the US average, $60,000 here has the buying power of about $61,600 in an average-priced US area.
Formula: US-equivalent = salary × 100 ÷ 97.4. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.
Nearby cities
| City | Distance | Index | Budget (single) | Median rent |
|---|---|---|---|---|
| Rochester Hills, MI | 7 mi | 105.5 | $2,927 | $1,644 |
| Troy, MI | 9 mi | 104.9 | $2,841 | $1,602 |
| Royal Oak, MI | 12 mi | 101.8 | $2,753 | $1,381 |
| Southfield, MI | 12 mi | 101.2 | $2,714 | $1,340 |
| Farmington Hills, MI | 12 mi | 104.2 | $2,857 | $1,551 |
| Sterling Heights, MI | 14 mi | 100.6 | $2,672 | $1,292 |
Cities with a similar cost of living
| City | Index | Budget (single) | Median rent |
|---|---|---|---|
| Lancaster, PA | 97.3 | $2,564 | $1,240 |
| Crescent City, CA | 97.4 | $2,713 | $1,192 |
| Paradise, NV | 97.4 | $2,707 | $1,372 |
| Ketchikan, AK | 97.4 | $2,665 | $1,417 |
| Porterville, CA | 97.3 | $2,512 | $1,148 |
| Eureka, CA | 97.5 | $2,646 | $1,195 |
Compare Pontiac with another city
Frequently asked questions
Is Pontiac, MI an expensive place to live?
Pontiac has a local cost of living index of 97.4, which is 2.6% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Detroit-Warren-Dearborn, MI metro area (100.3) and adjusts housing to Pontiac's own rents. It is 1.2 points above the Michigan average. It is the 17th most expensive of the 25 Michigan cities in our data. Cheaper than 67% of the cities we cover.
How much money do you need to live in Pontiac?
Our modelled estimate of basic monthly costs is $2,373 for a single adult, $4,049 for a couple and $4,988 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $58,400 in Pontiac.
What is the average rent in Pontiac?
The median gross rent (rent plus tenant-paid utilities) is $1,063 a month (Census ACS 2020-2024). By size: 1 bedroom $855, 2 bedrooms $1,119, 3 bedrooms $1,338. The typical renter spends 32.5% of household income on rent (expensive).
How much does a house cost in Pontiac?
The median owner-estimated home value is $121,700, 2.7 times the median household income of $44,329 (very affordable). Owners with a mortgage pay a median $1,223 a month in housing costs.
How much is electricity and gas in Pontiac?
Michigan residential electricity averaged 22.99¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Midwest (PADD 2) average, week of 2026-11-02).
Sources and notes
- Local cost index: CostLiving estimate from BEA Regional Price Parities 2024 for the Detroit-Warren-Dearborn, MI metropolitan statistical area (BEA index 100.3) with housing from Census ACS median rent (city figure); see the methodology.
- Rents, home values, income, population: U.S. Census Bureau ACS 5-year 2020-2024, Census place 2665440 (Pontiac city).
- Electricity: EIA-861M, Michigan residential average, August 2026.
- Gasoline: EIA weekly retail regular gasoline, Midwest (PADD 2), week of 2026-11-02.
- Inflation: BLS CPI-U Midwest region, September 2026.
- Budget baselines: BLS Consumer Expenditure Survey 2025; electricity use by household size: EIA RECS 2020.
- Gasoline price: regional figure (EIA publishes weekly prices for only 9 states).
Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources