Petoskey, Michigan vs. Caribou, Maine

Cost of Living Comparison

The cost of living in Caribou, Maine is 19.4% cheaper than Petoskey, Michigan.

You would need a salary of $40,288 in Caribou, Maine to maintain the standard of living you have in Petoskey, Michigan.
Comparison highlights
• Overall, Caribou, Maine is cheaper than Petoskey, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
57% cheaper in Caribou
than in Petoskey, Michigan
Petoskey, MI vs. Caribou, ME
Compared to Petoskey, Caribou is:
  Homeowner
      No Child Care, Taxes not Considered
  19.4% 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
  9.0% higher
  Housing (Homeowner)
  41.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.0% higher
  Commute
  23.0% lower
  Health
  40.1% higher
  Taxes
  Childcare
  Personal
  6.0% lower