Detroit Cost of Living Calculator
Here’s a comprehensive table summarizing the cost of living in Detroit, Michigan for 2024:
Expense Category | Average Monthly Cost ($) |
---|---|
Rent (1 bedroom, city center) | 1,212 |
Utilities (electricity, heating, water, garbage) | 219 |
Internet | 184 |
Groceries | 300-400 |
Public Transportation (monthly pass) | 115 |
Dining Out (meal for two, mid-range restaurant) | 80 |
Entertainment (cinema ticket) | 13 |
Fitness Club (monthly fee) | 50 |
Clothing and Shoes | 100-150 |
Healthcare (basic doctor’s visit) | 91 |
Additional key points:
- Detroit’s overall cost of living is 16% lower than the national average2.
- Housing costs in Detroit are 53% below the national average, making it significantly more affordable than many other major cities2.
- The median home price in Detroit is $340,6661.
- Groceries in Detroit are about 3% more expensive than the national average1.
- Transportation costs are on par with the national average1.
- Healthcare costs are 2% higher than the national average1.
- Utilities are about 6% less expensive than the national average1.
- The median household income in Detroit is $34,7621.
- Sales tax in Detroit starts at 6%, and income tax rates begin at 4.25%2.
- As of August 2024, the Consumer Price Index for Detroit increased by 3.5% compared to the previous year3.
- A family of four can expect estimated monthly costs of around $5,130, while a single person’s estimated monthly costs are about $2,9274.
Remember that these figures are averages and can vary based on specific neighborhoods and lifestyle choices. Detroit offers a relatively affordable cost of living compared to many other major U.S. cities, particularly in terms of housing costs.