Population: 15,678
Traverse City
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Cost of Living and Inflation in Traverse City, Michigan: What do you need to know?

two local experts
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Here's what two local experts had to say about prices and the cost of living in Traverse City, Michigan.

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Traverse City is the gem of the mid-west. It’s growing like gang-busters, on beautiful Lake Michigan and boasts outdoor activities for four seasons. The town is diversifying, which is awesome. It has lots to do – food, music, nature, a community college, excellent public library system. Downside – housing has gotten so expensive that it is pricing lots of folks out. If you have a place to live, then you’re gonna love it!

Kerrey, says: 2023

Traverse City is economically dependent on tourism. A significant portion of local businesses cater to travelers. These vary from budget to luxury hotels, inexpensive to fine-dining restaurants, and world-class golf venues to free walking tours. Most visitors take advantage of warmer weather in the summer months, but the area is also known for excellent skiing in winter.

Lochlyn, says: 2020
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