CostByCity

Billings, MT vs Traverse City, MI

Cost of Living Comparison

Traverse City, MI is more affordable by 0.2 index points

Side-by-Side Comparison

CategoryBillings, MTTraverse City, MIDifference
Overall93.593.4+0.2
Housing77.478.1-0.8
Goods96.093.7+2.3
Utilities72.492.4-19.9
Other Services98.799.6-0.8

Income & Housing Comparison

MetricBillings, MTTraverse City, MI
Median Household Income$72,377$73,845
Median Home Value$292,300$263,500
Median Monthly Rent$1,045$1,100
Per Capita Income$41,177$40,465

Frequently Asked Questions

Is Billings, MT or Traverse City, MI cheaper to live in?
Traverse City, MI is more affordable. The cost of living difference is 0.2 index points (Billings, MT: 93.5, Traverse City, MI: 93.4).
Where is housing cheaper, Billings, MT or Traverse City, MI?
Housing is more affordable in Billings, MT. Housing index: Billings, MT (77.4) vs Traverse City, MI (78.1).