Median mortgage payment for 2018: $1,473
Median rent for 2018: $888
Category |
Estimated Annual Spend (in 000's) |
|---|---|
| Food | $37,186 |
| --Home Prepared Food | $20,954 |
| --Restaurant/Takeaway Food | $16,232 |
| Alcoholic Beverages | $2,730 |
| Housing | $94,256 |
| --Rent/Mortgage/Upkeep/Taxes | $55,115 |
| --Utilities | $18,999 |
| --Operations | $7,157 |
| --Supplies | $3,505 |
| --Furnishings | $9,518 |
| Apparel | $8,743 |
| --Men & Boys | $1,955 |
| --Women & Girls | $3,542 |
| --Children < 2 | $37 |
| --Footwear | $1,845 |
| Transportation | $45,782 |
| --New Vehicles | $8,559 |
| --Used Vehicles | $9,776 |
| --Fuel | $9,887 |
| --Insurance | $4,574 |
| --Public Transit | $3,837 |
| Healthcare | $23,315 |
| Entertainment | $15,125 |
| --Pets | $3,099 |
| --Toys | $738 |
| Personal Care Products | $3,615 |
| Books & Literature | $516 |
| Education | $6,603 |
| Tobacco Products | $1,623 |
| Miscellaneous | $4,648 |
| Retirement | $8,854 |
| Non-health Insurance | $34,235 |
| Total Expenditures | $287,232 |
| Period | Geography | Population |
|---|---|---|
| 2014 | Traverse City city, Michigan | 15,006 |
| 2015 | Traverse City city, Michigan | 15,168 |
| 2016 | Traverse City city, Michigan | 15,392 |
| 2017 | Traverse City city, Michigan | 15,550 |
| 2018 | Traverse City city, Michigan | 15,474 |