Overall
- Traverse City
- 93.4
- Roanoke
- 93.6
Diff +0.2 RPP
Traverse City vs Roanoke
Cost of living comparison based on BEA Regional Price Parities. Roanoke is 0.3% more expensive than Traverse City.
0.3% more expensive
Roanoke, VA is 0.3% more expensive than Traverse City, MI on BEA Regional Price Parities (overall RPP 93.6 vs 93.4). A $100,000 salary in Traverse City buys about the same as $100,263 in Roanoke; the largest component gap is services.
- Overall RPP 93.4 (Traverse City) vs 93.6 (Roanoke)
- $100k in Traverse City ≈ $100,263 purchasing power in Roanoke
- Services drives the gap (-3.4 RPP points)
RPP parity plate
Pair MI:VA 93.4→93.6
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE MI × VA
- 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.
Traverse City
93.4
Cost Index
Roanoke
93.6
Cost Index
What This Comparison Actually Tells You
Traverse City, MI and Roanoke, VA 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: Roanoke is 3.4 points lower. 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 Traverse City to $100,263 in Roanoke, but it is not a personal spending weight.
Category Breakdown
Goods
- Traverse City
- 93.7
- Roanoke
- 96.8
Diff +3.1 RPP
Services
- Traverse City
- 92.4
- Roanoke
- 88.9
Diff -3.4 RPP
Rents
- Traverse City
- 78.1
- Roanoke
- 78.5
Diff +0.4 RPP
| Category | Traverse City | Roanoke | Difference |
|---|---|---|---|
| Overall | 93.4 | 93.6 | +0.2 |
| Goods | 93.7 | 96.8 | +3.1 |
| Services | 92.4 | 88.9 | -3.4 |
| Rents | 78.1 | 78.5 | +0.4 |
Visual Comparison
Overall
Traverse City 93.4
Roanoke 93.6
Goods
Traverse City 93.7
Roanoke 96.8
Services
Traverse City 92.4
Roanoke 88.9
Rents
Traverse City 78.1
Roanoke 78.5
Vertical line = national average (100)
Salary Equivalents
What a salary in Traverse City would need to be in Roanoke for the same purchasing power:
| In Traverse City | In Roanoke | Difference |
|---|---|---|
| $50,000 | $50,132 | +$132 |
| $75,000 | $75,198 | +$198 |
| $100,000 | $100,263 | +$263 |
| $150,000 | $150,395 | +$395 |
$ in Traverse City = in Roanoke
Same BEA Regional Price Parity ratio as the table above (93.4 → 93.6), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Roanoke more expensive than Traverse City?
Roanoke is 0.3% more expensive than Traverse City. The overall cost index is 93.6 vs 93.4 (national average = 100).
What salary in Roanoke equals $100K in Traverse City?
A $100,000 salary in Traverse City has the same purchasing power as $100,263 in Roanoke. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Traverse City and Roanoke?
Rents in Traverse City are indexed at 78.1 while Roanoke is at 78.5 (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.