Detroit, Michigan

Cost of living in Detroit, Michigan

  • Cost of living compared to USAlow
  • Cost of living compared to Michiganthe highest
  • Median household incomethe lowest

Is it expensive to live in Detroit, Michigan? When calculating the cost of living in Detroit, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Detroit, Michigan is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Detroit is $32,498 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Detroit, Michigan

The sales tax rate in Detroit, Michigan is 6.0%. Last year, the average property taxes paid was 2.6% Detroit, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Detroit, Michigan

  • The average cost of a single-family home compared to USAthe lowest
  • The average cost of a single-family home compared to Michiganthe lowest

In Detroit, Michigan, 48.0% of the population owns their homes, while approximately 52.0% rent. The average cost of a single-family home in Detroit, Michigan in 2022 is $115,118 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $882 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$882highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,123highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,403highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,511highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
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Pros and Cons of living in Detroit, Michigan in reviews from users in their own words:

ProsCons
  • "It's familiar and has good restaurants. "
  • "Nothing "
  • "Nothing"
  • "Weather"
  • "Everything "
  • "High crime. Homeless people. Drug users. Loud neighbors. Chemical factories."
  • "Security"