Traverse City, Michigan vs. Iron Mountain, Michigan

Cost of Living Comparison

The cost of living in Iron Mountain, Michigan is 22.8% cheaper than Traverse City, Michigan.

You would need a salary of $38,596 in Iron Mountain, Michigan to maintain the standard of living you have in Traverse City, Michigan.
Comparison highlights
• Overall, Iron Mountain, Michigan is cheaper than Traverse City, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
70% cheaper in Iron Mountain
than in Traverse City, Michigan
Traverse City, MI vs. Iron Mountain, MI
Compared to Traverse City, Iron Mountain is:
  Homeowner
      No Child Care, Taxes not Considered
  22.8% lower
      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
  8.1% lower
  Housing (Homeowner)
  72.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  13.4% higher
  Commute
  3.4% higher
  Health
  49.5% higher
  Taxes
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  Childcare
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  Personal
  3.7% lower
Cost of Food
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