Franklin, Tennessee vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 30.0% cheaper than Franklin, Tennessee.

You would need a salary of $34,982 in Traverse City, Michigan to maintain the standard of living you have in Franklin, Tennessee.
Comparison highlights
• Overall, Traverse City, Michigan is cheaper than Franklin, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Traverse City
than in Franklin, Tennessee
Franklin, TN vs. Traverse City, MI
Compared to Franklin, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  30.0% 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
  9.2% lower
  Housing (Homeowner)
  43.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.5% lower
  Commute
  23.1% lower
  Health
  17.0% lower
  Taxes
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  Childcare
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  Personal
  11.9% lower
Cost of Food
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