CostByCity

New Haven, CT vs Traverse City, MI

Cost of Living Comparison

Traverse City, MI is more affordable by 11.2 index points

Side-by-Side Comparison

CategoryNew Haven, CTTraverse City, MIDifference
Overall104.693.4+11.2
Housing124.378.1+46.1
Goods97.393.7+3.6
Utilities144.892.4+52.5
Other Services102.799.6+3.1

Income & Housing Comparison

MetricNew Haven, CTTraverse City, MI
Median Household Income$81,544$73,845
Median Home Value$291,900$263,500
Median Monthly Rent$1,339$1,100
Per Capita Income$45,314$40,465

Frequently Asked Questions

Is New Haven, CT or Traverse City, MI cheaper to live in?
Traverse City, MI is more affordable. The cost of living difference is 11.2 index points (New Haven, CT: 104.6, Traverse City, MI: 93.4).
Where is housing cheaper, New Haven, CT or Traverse City, MI?
Housing is more affordable in Traverse City, MI. Housing index: New Haven, CT (124.3) vs Traverse City, MI (78.1).