Cost of living in Traverse City, MI

Traverse City is a Census city in Grand Traverse County, MI. ACS 2024 5-year population is 15,593. Median gross rent is $995 (ACS 2024 5-year, this place). Median home value is $415,400. Median household income is $74,087. Insurance is the NAIC state average; food is a USDA plan — no town indexes.