Overall
- Roanoke
- 93.6
- Traverse City
- 93.4
Diff -0.2 RPP
Roanoke vs Traverse City
Cost of living comparison based on BEA Regional Price Parities. Traverse City is 0.3% less expensive than Roanoke.
0.3% less expensive
Traverse City, MI is 0.3% less expensive than Roanoke, VA on BEA Regional Price Parities (overall RPP 93.4 vs 93.6). A $100,000 salary in Roanoke buys about the same as $99,737 in Traverse City; the largest component gap is services.
- Overall RPP 93.6 (Roanoke) vs 93.4 (Traverse City)
- $100k in Roanoke ≈ $99,737 purchasing power in Traverse City
- Services drives the gap (+3.4 RPP points)
RPP parity plate
Pair VA:MI 93.6→93.4
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE VA × MI
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Roanoke
93.6
Cost Index
Traverse City
93.4
Cost Index
What This Comparison Actually Tells You
Roanoke, VA and Traverse City, MI are a photo finish on overall price level, only 0.2 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Services creates the largest separation: Traverse City is 3.4 points higher. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Roanoke to $99,737 in Traverse City, but it is not a personal spending weight.
Category Breakdown
Goods
- Roanoke
- 96.8
- Traverse City
- 93.7
Diff -3.1 RPP
Services
- Roanoke
- 88.9
- Traverse City
- 92.4
Diff +3.4 RPP
Rents
- Roanoke
- 78.5
- Traverse City
- 78.1
Diff -0.4 RPP
| Category | Roanoke | Traverse City | Difference |
|---|---|---|---|
| Overall | 93.6 | 93.4 | -0.2 |
| Goods | 96.8 | 93.7 | -3.1 |
| Services | 88.9 | 92.4 | +3.4 |
| Rents | 78.5 | 78.1 | -0.4 |
Visual Comparison
Overall
Roanoke 93.6
Traverse City 93.4
Goods
Roanoke 96.8
Traverse City 93.7
Services
Roanoke 88.9
Traverse City 92.4
Rents
Roanoke 78.5
Traverse City 78.1
Vertical line = national average (100)
Salary Equivalents
What a salary in Roanoke would need to be in Traverse City for the same purchasing power:
| In Roanoke | In Traverse City | Difference |
|---|---|---|
| $50,000 | $49,869 | $-131 |
| $75,000 | $74,803 | $-197 |
| $100,000 | $99,737 | $-263 |
| $150,000 | $149,606 | $-394 |
$ in Roanoke = in Traverse City
Same BEA Regional Price Parity ratio as the table above (93.6 → 93.4), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Traverse City more expensive than Roanoke?
Traverse City is 0.3% less expensive than Roanoke. The overall cost index is 93.4 vs 93.6 (national average = 100).
What salary in Traverse City equals $100K in Roanoke?
A $100,000 salary in Roanoke has the same purchasing power as $99,737 in Traverse City. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Roanoke and Traverse City?
Rents in Roanoke are indexed at 78.5 while Traverse City is at 78.1 (national average = 100). Roanoke has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.