Here's what two local experts had to say about prices and the cost of living in Traverse City, Michigan.
Cost of Living and Inflation in Traverse City, Michigan: What do you need to know?
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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!
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.
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