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CityLedger

Asheville vs Traverse City

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

Traverse City comes out ahead, winning 9 of the 10 clearly-decided measures.

Traverse City is both cheaper to live in (about 3% less) and higher-earning (about 9% more) than Asheville. 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.

Asheville, NC
$58,668
take-home / yr · 22% to tax
$60,792
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 $1,460/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
Asheville
Traverse City
Livability (CityLedger)
57/100
71/100
Cost of living (price level, US = 100)
96.5
93.4
Cost-adjusted income (pay's real value)
$79,037
$88,683
Median household income
$76,275
$82,805
Median rent
$1,396/mo
$1,329/mo
Median home value
$420,800
$380,200
Unemployment
4.1%
2.7%
Bachelor's degree or higher
43.8%
41.2%
Average commute
23.6 min
22.3 min
Air quality (median AQI)
48
38
Avg temperature
57°F
47°F

Choose Asheville for

  • + Bachelor's degree or higher
Full Asheville profile →

Choose Traverse City for

  • + Livability (CityLedger)
  • + Cost of living (price level, US = 100)
  • + Cost-adjusted income (pay's real value)
  • + Median household income
  • + Median rent
  • + Median home value
  • + Unemployment
  • + Average commute
  • + Air quality (median AQI)
Full Traverse City profile →

Asheville vs Traverse City — frequently asked

Is Asheville cheaper than Traverse City?
Traverse City is cheaper: its overall cost of living runs about 3% below Asheville's (BEA Regional Price Parities).
Which has higher household income, Asheville or Traverse City?
Traverse City has the higher median household income — $82,805 versus $76,275 (U.S. Census Bureau, ACS), about 9% more.
Does a paycheck go further in Asheville or Traverse City?
A paycheck stretches further in Traverse City. Adjusted for local prices, the median income is worth $88,683 there versus $79,037 in Asheville.
Which has cheaper rent, Asheville or Traverse City?
Traverse City has cheaper rent — a median of $1,329/mo versus $1,396/mo (U.S. Census Bureau, ACS).