CostIndexUSA

Dallas, TX vs Detroit, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Dallas
103.1
overall index
$1,625/mo rent
More AffordableMI
Detroit
100.3
overall index
$1,450/mo rent

Detroit is slightly cheaper than Dallas — 2.7% lower overall cost of living.

To match an $80,000 salary in Dallas, you would need $77,800 in Detroit. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing19.7%
Dallas
117.9
Detroit
94.7
🛒 Groceries3.9%
Dallas
102.8
Detroit
98.8
🚗 Transportation+2.9%
Dallas
104.7
Detroit
107.7
🏥 Healthcare+3.0%
Dallas
94.7
Detroit
97.5
Utilities+18.0%
Dallas
90.7
Detroit
107

Salary Equivalency Calculator

Enter your current salary in Dallas to see what you'd need to earn in Detroit to maintain the same purchasing power.

$
Equivalent salary in Detroit, MI
$77,800
$2,200 less needed in Detroit

Formula: salary × (100.3 ÷ 103.1) = salary × 0.9728. Based on BEA Regional Price Parities.

Housing Market

Dallas, TX

Median Home Price
$358,000
Median Monthly Rent
$1,625
Housing Index
117.9
Price-to-Rent Ratio
18.4×

Detroit, MI

Median Home Price
$254,000
Median Monthly Rent
$1,450
Housing Index
94.7
Price-to-Rent Ratio
14.6×

Dallas has 19.7% lower housing costs compared to Detroit.

Income & Job Market

Dallas, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
1,304,379
Top Industries
FinanceTechnologyHealthcareTelecommunicationsReal Estate

Detroit, MI

Median Household Income
$72,600
Per Capita Income
$41,400
Unemployment Rate
5%
Population
672,795
Top Industries
AutomotiveHealthcareTechnologyFinanceManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Dallas, TX
4.5×income-to-rent ratio

78% of income left after rent (median)

Detroit, MI
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.