CostByCity

Salt Lake City, UT vs Traverse City, MI

Cost of Living Comparison

Traverse City, MI is more affordable by 7.5 index points

Side-by-Side Comparison

CategorySalt Lake City, UTTraverse City, MIDifference
Overall100.993.4+7.5
Housing123.378.1+45.2
Goods96.493.7+2.7
Utilities79.092.4-13.4
Other Services99.099.6-0.6

Income & Housing Comparison

MetricSalt Lake City, UTTraverse City, MI
Median Household Income$90,277$73,845
Median Home Value$434,300$263,500
Median Monthly Rent$1,386$1,100
Per Capita Income$40,601$40,465

Frequently Asked Questions

Is Salt Lake City, UT or Traverse City, MI cheaper to live in?
Traverse City, MI is more affordable. The cost of living difference is 7.5 index points (Salt Lake City, UT: 100.9, Traverse City, MI: 93.4).
Where is housing cheaper, Salt Lake City, UT or Traverse City, MI?
Housing is more affordable in Traverse City, MI. Housing index: Salt Lake City, UT (123.3) vs Traverse City, MI (78.1).