Houghton Lake, Michigan vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 22.7% more expensive than Houghton Lake, Michigan.

You would need a salary of $13,453 in Traverse City, Michigan to maintain the standard of living you have in Houghton Lake, Michigan.
Comparison highlights
• Overall, Traverse City, Michigan is more expensive than Houghton Lake, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
140% more expensive in Traverse City
than in Houghton Lake, Michigan
Houghton Lake, MI vs. Traverse City, MI
Compared to Houghton Lake, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  22.7% 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
  6.7% higher
  Housing (Homeowner)
  179.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.4% lower
  Commute
  16.7% lower
  Health
  3.1% lower
  Taxes
  Childcare
  Personal
  4.9% higher