Ely, Minnesota vs. Petoskey, Michigan

Cost of Living Comparison

The cost of living in Petoskey, Michigan is 12.4% more expensive than Ely, Minnesota.

You would need a salary of $56,175 in Petoskey, Michigan to maintain the standard of living you have in Ely, Minnesota.
Comparison highlights
• Overall, Petoskey, Michigan is more expensive than Ely, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
71% more expensive in Petoskey
than in Ely, Minnesota
Ely, MN vs. Petoskey, MI
Compared to Ely, Petoskey is:
  Homeowner
      No Child Care, Taxes not Considered
  12.4% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.6% higher
  Housing (Homeowner)
  63.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  5.8% higher
  Commute
  1.2% lower
  Health
  2.5% lower
  Taxes
  Childcare
  Personal
  1.4% higher