Cost of living in Detroit
Detroit, Michigan, known for its rich automotive history and vibrant cultural scene, offers a unique living experience. Understanding the cost of living in Detroit is crucial for both current residents and those considering a move to the city.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $9 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $45 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $4.5 to $10, cappuccino $1.75 to $7, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.06 per liter, averaging $0.87.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.93 and $3.85, with an average price of $2.75.
- Eggs (Dozen) - A dozen eggs range from $2 to $4, averaging $3.24.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.76 to $4.41 per kg, while oranges range from $1.76 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $6.61 per kg, and lettuce costs $1.25 to $4 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2, with a monthly pass priced between $49 and $66.
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $1.05 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $0.93 to $1.4 per km and $20 to $48 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $999 to $2000, averaging $1483.17.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $900 to $1300, averaging $1092.83.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1499 to $4000, averaging $2359.8.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1150 to $2500, averaging $1689.8.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $914.93 to $1830, averaging $1067.44.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $807.29 to $1830, averaging $977.74.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $170 and $308, averaging $251.12.
- Internet - Internet services range from $30 to $80, with an average cost of $58.33.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Transportation
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Rent Per Month
Rent Per Month
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
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"Key Takeaways"
Detroit offers a relatively affordable cost of living compared to other major U.S. cities, with reasonable housing and transportation costs.
Dining out can vary significantly in price, offering options for both budget-conscious individuals and those seeking upscale experiences.
Grocery prices are moderate, with some variation in the cost of fresh produce and dairy products.
Utilities and internet services are competitively priced, contributing to the overall affordability of living in Detroit.
Conclusion
In conclusion, Detroit presents a balanced cost of living with affordable housing and transportation options, making it an attractive choice for many.
While dining and grocery costs can vary, the city offers a range of options to suit different budgets. Overall, Detroit provides a cost-effective living environment with diverse amenities and opportunities.