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TRAVERSE CITY vs. HANCOCK
Cost of Living Comparison
Comparison
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Cost of Living Calculator - Traverse City, Michigan vs Hancock, Michigan
The cost of living in Hancock, Michigan is
16.8%
cheaper
than Traverse City, Michigan.
You would need a salary of
$62,385
in Hancock, Michigan to maintain the standard of living you have in Traverse City, Michigan.
Comparison highlights
• Overall, Hancock, Michigan is
cheaper
than Traverse City, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
61% cheaper in Hancock
than in Traverse City, Michigan
Traverse City, MI vs Hancock, MI
Compared to Traverse City, Hancock is:
Homeowner
No Child Care, Taxes not Considered
16.8% 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
5.2% lower
Housing (Homeowner)
54.5% lower
Housing (Rent)
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Median Home Cost
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Utilities
26.5% higher
Commute
0.3% higher
Health
47.1% higher
Taxes
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Childcare
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Personal
8.1% lower
Cost of Food
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