Hancock, Michigan vs. Petoskey, Michigan

Cost of Living Comparison

The cost of living in Petoskey, Michigan is 16.3% more expensive than Hancock, Michigan.

You would need a salary of $58,127 in Petoskey, Michigan to maintain the standard of living you have in Hancock, Michigan.
Comparison highlights
• Overall, Petoskey, Michigan is more expensive than Hancock, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
124% more expensive in Petoskey
than in Hancock, Michigan
Hancock, MI vs. Petoskey, MI
Compared to Hancock, Petoskey is:
  Homeowner
      No Child Care, Taxes not Considered
  16.3% 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
  3.7% higher
  Housing (Homeowner)
  59.7% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  18.5% lower
  Commute
  9.5% higher
  Health
  30.4% lower
  Taxes
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  Childcare
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  Personal
  10.2% higher
Cost of Food
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