Petoskey, Michigan vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 3.4% more expensive than Petoskey, Michigan.

You would need a salary of $77,561 in Traverse City, Michigan to maintain the standard of living you have in Petoskey, Michigan.
Comparison highlights
• Overall, Traverse City, Michigan is more expensive than Petoskey, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
14% more expensive in Traverse City
than in Petoskey, Michigan
Petoskey, MI vs. Traverse City, MI
Compared to Petoskey, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  3.4% 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
  1.7% higher
  Housing (Homeowner)
  37.6% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.0% lower
  Commute
  8.9% lower
  Health
  2.3% lower
  Taxes
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  Childcare
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  Personal
  1.3% lower
Cost of Food
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