CostByCity

Salem, OR vs Traverse City, MI

Cost of Living Comparison

Traverse City, MI is more affordable by 10.3 index points

Side-by-Side Comparison

CategorySalem, ORTraverse City, MIDifference
Overall103.693.4+10.3
Housing110.378.1+32.2
Goods105.393.7+11.5
Utilities104.792.4+12.3
Other Services100.399.6+0.7

Income & Housing Comparison

MetricSalem, ORTraverse City, MI
Median Household Income$72,154$73,845
Median Home Value$358,700$263,500
Median Monthly Rent$1,227$1,100
Per Capita Income$34,631$40,465

Frequently Asked Questions

Is Salem, OR or Traverse City, MI cheaper to live in?
Traverse City, MI is more affordable. The cost of living difference is 10.3 index points (Salem, OR: 103.6, Traverse City, MI: 93.4).
Where is housing cheaper, Salem, OR or Traverse City, MI?
Housing is more affordable in Traverse City, MI. Housing index: Salem, OR (110.3) vs Traverse City, MI (78.1).