Cost of Living Calculator - Traverse City, Michigan vs Richmond, Indiana


The cost of living in Richmond, Indiana is 31.6% cheaper than Traverse City, Michigan.

You would need a salary of $51,316 in Richmond, Indiana to maintain the standard of living you have in Traverse City, Michigan.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Traverse City, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
67% cheaper in Richmond
than in Traverse City, Michigan
Traverse City, MI vs Richmond, IN
Compared to Traverse City, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  31.6% 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
  6.1% lower
  Housing (Homeowner)
  67.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% lower
  Commute
  21.6% lower
  Health
  17.2% higher
  Taxes
  Childcare
  Personal
  13.7% lower

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