Lake City, Michigan vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 25.5% more expensive than Lake City, Michigan.

You would need a salary of $50,207 in Traverse City, Michigan to maintain the standard of living you have in Lake City, Michigan.
Comparison highlights
• Overall, Traverse City, Michigan is more expensive than Lake City, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
119% more expensive in Traverse City
than in Lake City, Michigan
Lake City, MI vs. Traverse City, MI
Compared to Lake City, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  25.5% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  6.1% higher
  Housing (Homeowner)
  128.0% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.4% lower
  Commute
  11.1% lower
  Health
  3.5% lower
  Taxes
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  Childcare
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  Personal
  7.1% higher
Cost of Food
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