Lakewood, Ohio vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 6.0% more expensive than Lakewood, Ohio.

You would need a salary of $53,009 in Traverse City, Michigan to maintain the standard of living you have in Lakewood, Ohio.
Comparison highlights
• Overall, Traverse City, Michigan is more expensive than Lakewood, Ohio
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
59% more expensive in Traverse City
than in Lakewood, Ohio
Lakewood, OH vs. Traverse City, MI
Compared to Lakewood, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  6.0% higher
      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
  3.1% lower
  Housing (Homeowner)
  45.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.1% lower
  Commute
  11.0% lower
  Health
  0.7% lower
  Taxes
  Childcare
  Personal
  2.9% lower