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Cost of Living Calculator - Petoskey, Michigan vs Banner Elk, North Carolina

The cost of living in Banner Elk, North Carolina is 5.9% more expensive than Petoskey, Michigan.

You would need a salary of $79,402 in Banner Elk, North Carolina to maintain the standard of living you have in Petoskey, Michigan.
Comparison highlights
• Overall, Banner Elk, North Carolina is more expensive than Petoskey, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% more expensive in Banner Elk
than in Petoskey, Michigan
Petoskey, MI vs Banner Elk, NC
Compared to Petoskey, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  5.9% 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
  6.0% higher
  Housing (Homeowner)
  33.2% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  9.6% lower
  Commute
  16.9% lower
  Health
  46.6% higher
  Taxes
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  Childcare
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  Personal
  7.6% lower
Cost of Food
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