Traverse City, MI City Guide
Traverse City, MI (Metropolitan Statistical Area)
Cost of Living
93.4
Median Income
$73,845
Median Rent
$1,100/mo
Median Home
$263,500
Cost Breakdown
Housing
78.1
Goods
93.7
Utilities
92.4
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FAQ
Is Traverse City, MI expensive?
Traverse City, MI has a cost of living index of 93.4, which is 6.6% below average.
What is the average income in Traverse City, MI?
The median household income in Traverse City, MI is $73,845 per year.
How much is rent in Traverse City, MI?
The median monthly rent in Traverse City, MI is $1,100.
What is the average home price in Traverse City, MI?
The median home value in Traverse City, MI is $263,500.