Chicago, Illinois vs. Petoskey, Michigan

Cost of Living Comparison

The cost of living in Petoskey, Michigan is 12.8% cheaper than Chicago, Illinois.

You would need a salary of $43,622 in Petoskey, Michigan to maintain the standard of living you have in Chicago, Illinois.
Comparison highlights
• Overall, Petoskey, Michigan is cheaper than Chicago, Illinois
• Transportation is the biggest factor in the cost of living difference.
Transportation
38% cheaper in Petoskey
than in Chicago, Illinois
Chicago, IL vs. Petoskey, MI
Compared to Chicago, Petoskey is:
  Homeowner
      No Child Care, Taxes not Considered
  12.8% lower
      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
  2.1% lower
  Housing (Homeowner)
  15.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.5% higher
  Commute
  38.5% lower
  Health
  4.4% lower
  Taxes
  Childcare
  Personal
  4.7% lower