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CityLedger

Billings vs Traverse City

Metro-area medians — Billings, MT Metro Area vs Traverse City, MI Metro Area — not the cities proper.

Traverse City comes out ahead, winning 5 of the 7 clearly-decided measures.

Billings and Traverse City cost about the same to live in, but Traverse City households earn about 6% more. Adjusted for local prices, a typical paycheck stretches further in Traverse City.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Billings, MT
$58,071
take-home / yr · 23% to tax
$62,091
real value after local prices
Traverse City, MI
$58,126
take-home / yr · 22% to tax
$62,252
real value after local prices

On $75,000 for just you, Traverse City leaves you about $161/yr better off after tax and local prices.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

Measure
Billings
Traverse City
Livability (CityLedger)
60/100
71/100
Cost of living (price level, US = 100)
93.5
93.4
Cost-adjusted income (pay's real value)
$83,153
$88,683
Median household income
$77,770
$82,805
Median rent
$1,170/mo
$1,329/mo
Median home value
$383,900
$380,200
Unemployment
3.3%
2.7%
Bachelor's degree or higher
32.8%
41.2%
Average commute
20.8 min
22.3 min
Air quality (median AQI)
39
38
Avg temperature
48°F
47°F

Choose Billings for

  • + Median rent
  • + Average commute
Full Billings profile →

Choose Traverse City for

  • + Livability (CityLedger)
  • + Cost-adjusted income (pay's real value)
  • + Median household income
  • + Unemployment
  • + Bachelor's degree or higher
Full Traverse City profile →

Billings vs Traverse City — frequently asked

Is Billings cheaper than Traverse City?
They are about even — the overall cost of living in the Billings and Traverse City metros is within 3% of each other (BEA Regional Price Parities), so neither is meaningfully cheaper.
Which has higher household income, Billings or Traverse City?
Traverse City has the higher median household income — $82,805 versus $77,770 (U.S. Census Bureau, ACS), about 6% more.
Does a paycheck go further in Billings or Traverse City?
A paycheck stretches further in Traverse City. Adjusted for local prices, the median income is worth $88,683 there versus $83,153 in Billings.
Which has cheaper rent, Billings or Traverse City?
Billings has cheaper rent — a median of $1,170/mo versus $1,329/mo (U.S. Census Bureau, ACS).