Lakeville, Minnesota vs. Petoskey, Michigan

Cost of Living Comparison

The cost of living in Petoskey, Michigan is 17.2% cheaper than Lakeville, Minnesota.

You would need a salary of $41,424 in Petoskey, Michigan to maintain the standard of living you have in Lakeville, Minnesota.
Comparison highlights
• Overall, Petoskey, Michigan is cheaper than Lakeville, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Petoskey
than in Lakeville, Minnesota
Lakeville, MN vs. Petoskey, MI
Compared to Lakeville, Petoskey is:
  Homeowner
      No Child Care, Taxes not Considered
  17.2% 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
  7.9% lower
  Housing (Homeowner)
  44.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.3% higher
  Commute
  21.3% lower
  Health
  12.6% higher
  Taxes
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  Childcare
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  Personal
  5.0% lower
Cost of Food
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