Troy, Michigan vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 12.9% cheaper than Troy, Michigan.

You would need a salary of $43,531 in Traverse City, Michigan to maintain the standard of living you have in Troy, Michigan.
Comparison highlights
• Overall, Traverse City, Michigan is cheaper than Troy, Michigan
• Childcare is the biggest factor in the cost of living difference.
Childcare
31% cheaper in Traverse City
than in Troy, Michigan
Troy, MI vs. Traverse City, MI
Compared to Troy, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  12.9% 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
  4.1% lower
  Housing (Homeowner)
  14.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.2% lower
  Commute
  34.3% lower
  Health
  2.9% higher
  Taxes
  Childcare
  Personal
  8.0% lower