Quick answer
Prices in Traverse City, MI were 6.6% below the US average in 2024 (Regional Price Parity 93.4, US = 100), with a housing-rent index of 78.1, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 93.372 |
| Goods | 93.711 |
| Housing (rents) | 78.146 |
| Utilities | 92.356 |
| Other services | 99.561 |
| — All items by year — | |
| 2024 | 93.372 |
| 2023 | 90.584 |
| 2022 | 93.296 |
| 2021 | 93.407 |
| 2020 | 90.385 |
| 2019 | 93.592 |
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Last updated 2026-10-16. Data only, not financial or tax advice.