Detroit, MI Cost Of Living

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Updated: 2020-03-08
Detroit's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Detroit is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Detroit, MI?

According to the most recent data on the cost of living, Detroit has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.

Compared to only Michigan, Detroit has a cost of living index that's 0.9x lower than Michigan's index of 89.

The standard of living in Detroit ranks as #522 most affordable out of the 6522 places we measured in Michigan. By definition, that implies Detroit ranks as the #5884 most expensive place in the Wolverine State.

For more reading on life in Detroit, check out:

Detroit Cost Of Living Vs. Michigan

Living Expense Detroit Michigan National Average
Overall 83 89 100
Services 104 95 100
Groceries 93 88 100
Health 93 94 100
Housing 39 74 100
Transportation 114 106 100
Utilities 94 99 100
For more reading on cost of living around Michigan, check out:
Detroit Cost of Living Vs. MI

Detroit, MI Housing Cost Breakdown

Housing swings affordability the most between places in Michigan, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Detroit Michigan United States
Median Home Value $45,700 $146,200 $204,900
Median Rent $798 $850 $1,023
Median Income $29,481 $54,938 $60,293
Home Value To Income 1.6x 2.7x 3.4x
Rent To Monthly Income 0.32x 0.19x 0.2x

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Cost Of Living In Cities Around Detroit

City Population Cost Of Living Vs. Detroit
Dearborn, MI 95,089 93 1.1x
Livonia, MI 94,567 99 1.2x
Troy, MI 83,881 109 1.3x
Rochester Hills, MI 74,011 110 1.3x
Royal Oak, MI 59,107 100 1.2x
Oak Park, MI 29,849 90 1.1x
Hamtramck, MI 21,941 82 1.0x
Birmingham, MI 21,066 133 1.6x
Ferndale, MI 20,211 92 1.1x
Hazel Park, MI 16,592 85 1.0x

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