What is a pro or con of living in Farmington Hills, Michigancompared to Traverse City, Michigan?

Childcare is 46% more expensive in Farmington Hills.

What salary do I need to live in Farmington Hills, Michigan copmared to Traverse City, Michigan?

A salary of $75,000 in Traverse City, Michigan should increase to $82,508 in Farmington Hills, Michigan (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

TRAVERSE CITY vs. FARMINGTON HILLS
Cost of Living Comparison

Traverse City, Michigan vs. Farmington Hills, Michigan

Cost of Living Comparison

The cost of living in Farmington Hills, Michigan is 10.0% more expensive than Traverse City, Michigan.

You would need a salary of $82,508 in Farmington Hills, Michigan to maintain the standard of living you have in Traverse City, Michigan.

Comparison highlights

• Overall, Farmington Hills, Michigan is more expensive than Traverse City, Michigan
• Childcare is the biggest factor in the cost of living difference.

Childcare
46% more expensive in Farmington Hills
than in Traverse City, Michigan

Traverse City, MI vs. Farmington Hills, MI

Compared to Traverse City, Farmington Hills is:

Homeowner

No Child Care, Taxes not Considered

10.0% 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

2.6% higher

Housing (Homeowner)

1.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

4.9% higher

Commute

54.8% higher

Health

2.8% lower

Taxes

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Childcare

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Personal

9.5% higher

Cost of Food

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Traverse City, Michigan vs. Farmington Hills, Michigan

Cost of Living Comparison

Comparison highlights

Traverse City, MI vs. Farmington Hills, MI

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