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Chicago vs Detroit

Chicago, IL  ·  Detroit, MI

⚖️

Detroit is 23% cheaper than Chicago overall.

Home Price

Chicago: $315,000

Detroit: $215,000

Monthly Rent

Chicago: $2,288/mo

Detroit: $900/mo

COL Index

Chicago: 114

Detroit: 88

Median Income

Chicago: $70,100

Detroit: $57,400

Side-by-Side Comparison

Metric
Chicago
Detroit
Winner
🏠

Median Home Price

$315,000
$215,000
Detroit
🏢

Monthly Rent (Median)

$2,288/mo
$900/mo
Detroit
💰

Median Household Income

$70,100
$57,400
Chicago
📋

Property Tax Rate

2.1%
1.6%
Detroit
📊

Cost of Living Index

100 = national average

114
88
Detroit
🚗

Avg. Commute

31 min
26 min
Detroit
📈

Unemployment Rate

4.6%
5.3%
Chicago
👥

Median Age

36.7 yrs
34.6 yrs
Chicago

What This Means For You

💵

Buying Power

A $100,000 salary in Chicago has the same purchasing power as $77,193 in Detroit — based on each city's cost of living index.

🏠

Housing

Homes in Detroit cost 32% more (-$100,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Detroit saves you $1,388/month — $16,656 per year. Median rent: $2,288/mo in Chicago vs $900/mo in Detroit.

📋

Property Taxes

On a median-priced home, Chicago owners pay roughly $6,615/year in property taxes vs $3,440/year in Detroit. That's a $3,175 annual difference.

💼

Local Earnings

Median household income is $70,100 in Chicago and $57,400 in Detroit. Detroit residents earn 18% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 31 minutes in Chicago vs 26 minutes in Detroit. Over a year, that's 2500 extra minutes (42 hours) of commuting in Chicago.

Salary Equivalence

To maintain the same lifestyle when moving from Chicago to Detroit, here's the salary you'd need:

Salary in ChicagoEquivalent in DetroitDifference
$50,000$38,596-$11,404
$75,000$57,895-$17,105
$100,000$77,193-$22,807
$150,000$115,789-$34,211
$200,000$154,386-$45,614

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Chicago vs Detroit: Common Questions

Is Chicago or Detroit cheaper to live in?

Based on cost of living indices, Detroit is cheaper overall. Chicago has a COL index of 114 while Detroit scores 88 (national average = 100).

How do home prices compare between Chicago and Detroit?

The median home price in Chicago is $315,000 vs $215,000 in Detroit — a difference of $100,000 (32%).

What salary do I need in Detroit to match my Chicago income?

Use the salary equivalence table above. For example, a $100K salary in Chicago is equivalent to $77,193 in Detroit in terms of purchasing power.

Which city has lower property taxes?

Detroit has a lower property tax rate (1.6% vs 2.1%). On a median-priced home, that means paying $3,440/year vs $6,615/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.