Cost of Living in Detroit, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

76.9

100 = national avg

-23.1 vs national average

Living Wage (1 Adult)

$33,837

per year

Living Wage (Family of 4)

$79,980

per year

Cost Index by Category

Housing
85.1
Food
80.2
Transportation
60.5
Healthcare
84.2
Utilities
85.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,122

per month

2 Bedroom

$1,411

per month

The overall cost of living index in Detroit is 76.9, which is 23.1% below the national average. Housing costs are below the national average at an index of 85.1. A single adult needs to earn approximately $33,837 per year to cover basic expenses.