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2024 BEA RPP All 4 categories Federal source

Detroit-Warren-Dearborn, MI

Cost-of-living indicators for Detroit-Warren-Dearborn, MI, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 19820 · Data year: 2024 · Rank: #83 of 387

Detroit-Warren-Dearborn, MI has a cost of living index of 100.3, meaning it's 0.3% more expensive than the national average. Goods cost 1.2% less, services 7.0% more, and rents are 5.3% below average. A $100K national salary has the purchasing power of $99,703 here.

What the Numbers Mean for Detroit

Detroit ranks #83 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 100.3, Detroit-Warren-Dearborn, MI is 0.3% more expensive than the national baseline of 100. The gap between Detroit's most and least expensive categories — services at 107.0 versus rents at 94.7 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $99,703 inside Detroit, while a household needs roughly $100,298 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 94.7 — 5.3% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Detroit's overall index has stayed within 0.3 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 98.8 and services at 107.0, meaning everyday spending in Detroit is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Detroit Cost Index at a Glance

Detroit all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100100.3

Detroit category breakdown

BEA RPP composition by goods, services, rents, overall

Rents94.69Services106.988Goods98.817Overall100.298

Price Index Summary

Overall

100.3

+0.3 above avg

Goods

98.8

-1.2 below avg

Services

107.0

+7.0 above avg

Rents

94.7

-5.3 below avg

Price Index vs National Average (100)

Overall
National avg

Index 100.3 (+0.3 vs national avg)

Goods
National avg

Index 98.8 (-1.2 vs national avg)

Services
National avg

Index 107.0 (+7.0 vs national avg)

Rents
National avg

Index 94.7 (-5.3 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +7.0% (107.0)
Overall +0.3% (100.3)

Below National Average

Rents -5.3% (94.7)
Goods -1.2% (98.8)

Income Adequacy in Detroit

Detroit income adequacy score

$75,000 median income vs RPP 100.3

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$100,298

in Detroit-Warren-Dearborn, MI purchasing power

$50,000 nationally
$50,149
$75,000 nationally
$75,224
$125,000 nationally
$125,373
$150,000 nationally
$150,447
$200,000 nationally
$200,596

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.3 points over this period.

Year Overall
2008 100.6
2009 100.2
2010 99.4
2011 98.5
2012 97.8
2013 98.4
2014 98.7
2015 96.8
2016 96.3
2017 95.8
2018 97.3
2019 98.4
2020 98.3
2021 96.4
2022 96.3
2023 98.2
2024 100.3

Related Data for Detroit

Frequently Asked Questions

What is the cost of living in Detroit-Warren-Dearborn, MI?
Detroit-Warren-Dearborn, MI has a Regional Price Parity (RPP) index of 100.3, meaning it is 0.3% more expensive than the national average. Goods are indexed at 98.8, services at 107.0, and rents at 94.7. It ranks #83 out of 387 U.S. metro areas by overall cost.
What salary do I need in Detroit-Warren-Dearborn, MI to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $100,298 in Detroit-Warren-Dearborn, MI. Conversely, $100K earned in Detroit-Warren-Dearborn, MI has the purchasing power of $99,703 at the national average.
How expensive is rent in Detroit-Warren-Dearborn, MI?
Rents in Detroit-Warren-Dearborn, MI are indexed at 94.7, which is 5.3% below the national average. This is close to the U.S. average.
Is Detroit-Warren-Dearborn, MI getting more expensive?
From 2008 to 2024, Detroit-Warren-Dearborn, MI's overall cost index changed by -0.3 points (from 100.6 to 100.3). The cost of living has remained relatively stable.
What costs the most in Detroit-Warren-Dearborn, MI?
The most expensive category in Detroit-Warren-Dearborn, MI is services at 107.0, which is 7.0% above the national average. The most affordable category is rents at 94.7, 5.3% below average.
What metros have a similar cost of living to Detroit-Warren-Dearborn, MI?
Metros with the most similar overall cost index include Flagstaff, Spokane-Spokane Valley, Ogden. These areas have RPP values within a few points of Detroit-Warren-Dearborn, MI's 100.3.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page