What is the Cost of Living in Detroit?

The cost of living in Detroit is lower than the national average, although it varies depending on where you live in the city and what type of lifestyle you’re looking to maintain. According to Numbeo, Detroit has an overall cost of living index of 71, which combines the cost of goods and services, food, transportation and more. This is substantially lower than the US average of 100.

Housing Costs

Housing costs tend to be the biggest factor influencing the cost of living for most people. According to 2020 data from Zillow, the median list price of a home in Detroit is just under $150,000, which is substantially lower than the US median list price of about $250,000. Similarly, the median rent for a two-bedroom apartment in Detroit is just over $950, which is significantly lower than the US median of around $1,300.

Utilities

Utility costs also vary substantially depending on where you live. According to comparison website MyLife, a one-bedroom apartment in Detroit requires an average monthly cost of $207 in utilities — electricity, water, heating and garbage — at a basic usage rate. That’s less than the US average of $232.

Transportation

Transportation costs are significantly lower than those of many other US cities. According to data from the US Bureau of Labor Statistics in 2020, the typical Detroit resident spends an average of $630 per year on gasoline and around $470 on automotive-related expenses — insurance and repairs. That’s about $100 less than the US national average. Public transportation is also relatively affordable in Detroit. According to the Detroit Department of Transportation, a single ride on their bus system only costs $1.50 per ride — less than most other major cities in the US.

The Bottom Line

Overall, living in Detroit is more affordable than living in many other major cities in the US. The median list prices for homes are well below that of the national average and transportation and utility costs are also reasonably low. However, it’s important to factor in crime rates and other factors before moving to any city. Data from NeighborhoodScout shows that Detroit has higher crime rates than many other US cities — especially in terms of violent crimes and burglaries — so it’s best to do your own research before making a move.

The Insider’s Guide to Detroit: Cost of Living, Attractions, Dining, Culture, and More

When people hear the name Detroit, they often think of the decline of the American auto industry, urban decay, and crime. However, over the last decade, the city has undergone a renaissance, experiencing rapid revitalization and growth. Today, Detroit is a cultural, artistic, and culinary mecca located in the heart of the Midwest. Not only is it affordable, but it also has a low cost of living. In this guide, we will explore what makes Detroit an exciting and affordable destination for travelers.

Cost of Living in Detroit

Living in Detroit is very affordable compared to other major cities in the United States. The cost of living index in Detroit is 29.3 percent lower than the national average. Renting an apartment in Detroit costs about $850 on average, and buying a home here is significantly cheaper than in many other major cities. The cost of food and entertainment is also lower than the national average.

Attractions in Detroit

Detroit is home to a wide variety of attractions for travelers. One of the biggest draws to the city is its well-known musical history, with Motown headquarters located downtown. You can visit the Motown Museum and learn about the history of Motown Music. Other tourist hotspots include the Detroit Institute of Arts, Belle Isle Park, the Henry Ford Museum of American Innovation, and the Detroit Riverwalk.

Dining in Detroit

Detroit is known for its delicious pizza, with their signature rectangular pies known as Detroit-style pizza. One of the best places to try this delicacy is Buddy’s Pizza, a restaurant that has been serving up its famous pizza since 1946. The Detroit food scene has been growing rapidly, with new restaurants opening in the downtown and midtown areas. Other top spots for local cuisine include Slows Bar-B-Q and Central Kitchen + Bar, both situated in the bustling Corktown neighborhood.

Cultural Experiences in Detroit

Detroit has a rich cultural heritage, with deep roots in the auto industry and Motown music. It’s home to a vibrant artistic community with numerous galleries, and immersive experiences such as The Heidelberg Project, a street-art installation on the city’s east side. More recently, Detroit has become a hub for innovative startups and entrepreneurs, which adds to its cultural and economic vibrancy.

Local History in Detroit

Detroit has a storied past, from the French explorers who founded the city in the 1700s to the settlement of American pioneers in the early 1800s. The city’s history is best explored at the Michigan Historical Museum, which offers exhibits on the state’s earliest indigenous peoples, colonial era European settlers, and industrialization. The Civil Rights icon, Rosa Parks, made her home in Detroit, and there are several landmarks in her name around the city.

Off-the-Beaten-Path Suggestions in Detroit

For travelers who want to explore beyond the typical tourist destinations, Detroit has plenty of hidden gems. The John K. King Used & Rare Books Store is a bibliophile’s dream, offering over a million books spread across four levels. Take a stroll through the Eastern Market, a historic district and street market known for its specialty food vendors and unique shopping. The Dequindre Cut, an urban greenway with bike and pedestrian paths, offers 1.35 miles of trails, street art, and views of Detroit’s cityscape from below.

In conclusion, traveling to Detroit can be a unique and budget-friendly experience. With its rich history, innovative culture, and vibrant culinary scene, travelers can discover a side of Detroit that is far from the rundown industrial city often depicted in media. Now that you’ve learned the ins and outs of Detroit, it’s time to plan your next trip to the Motor City.