Cost of Living in Traverse City, MI

102.6

Average · National average is 100

CITY A

CITY B

$70,700

Median Income

$1,021/mo

Median Rent

$336,900

Median Home

15,468

Population

Cost Breakdown

🏠Housing

97.8

0Nat'l Avg (100)200

🛒Groceries

105.9

0Nat'l Avg (100)200

🚗Transportation

110.3

0Nat'l Avg (100)200

🏥Healthcare

86.3

0Nat'l Avg (100)200

⚡Utilities

96.5

0Nat'l Avg (100)200

Some values estimated

Studio	1 BR	2 BR	3 BR	4 BR
$796 est.	$898 est.	$1,021	$1,307 est.	$1,491 est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.