Cost of Living / Detroit, MI Metro
Cost of Living in Detroit, MI Metro
Official metro name: Detroit-Warren-Dearborn, MI Metro Area
Detroit, MI Metro has a population of 4,375,604. Median household income is $72,456 and median rent is $1,112 per month. Rent is roughly 18.4% of median monthly income.
State: MIPopulation: 4,375,604Income: $72,456Rent: $1,112Affordability: Affordable (18.4%)
Median Household Income
$72,456
Annual (ACS median)
Median Rent
$1,112
Monthly (ACS median gross rent)
Rent as % of Income
18.4%
rent ÷ (income/12)
Cost Index
97
Simplified relative index
Is Detroit, MI Metro expensive?
Based on median rent and income, Detroit, MI Metro has a Affordable rent burden. Median rent is $1,112, which is about 18.4% of median monthly household income.
Average rent in Detroit, MI Metro
Median rent (ACS) is $1,112 per month. (Neighborhoods vary widely.)
How much income do you need in Detroit, MI Metro?
Median household income (ACS) is $72,456 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in MI
Compare Detroit, MI Metro with nearby metros:
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.