Cost of Living in Detroit, MI
Cost of Living in Detroit, MI | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 23% higher | 8% higher |
Utilities (Monthly) | 4% lower | 5% lower |
Food | 2% higher | 3% higher |
Healthcare | 4% higher | 4% higher |
Transportation | 2% lower | 0% |
Goods & Services | 5% higher | 2% higher |
The cost of living in Detroit, MI is 8% higher than the state average and 3% higher than the national average. Detroit, MI housing is 8% more expensive than the U.S average, while utilities are about 5% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% more in Detroit, MI than in the rest of the country, while clothing costs around 2% more .
Healthcare services such as doctor check-ups and dentistry cost 4% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% pricier in Detroit, MI.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Detroit is $1,256, while home prices circle around $535,159.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Detroit, energy bills cost around $184.62 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.85 in Detroit, a dozen eggs go for around $4.18 and a pound of potatoes circles around $4.73.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Detroit, an optometry check-up costs around $93.00, while a dentist appointment is priced $121.39 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.30 in Detroit, while getting your tires balanced will run you about $62.14.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $45.26 here. Meanwhile, a pair of women's slacks will set you back around $38.60.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Detroit, you should budget around $11.20 a month. When it comes to personal services, a haircut usually goes for $24.55, while dry cleaning costs about $21.90.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Detroit, the median household income is $37,761.