CostIndexUSA

Detroit, MI vs Greeley, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostMI
Detroit
100.3
overall index
$1,450/mo rent
CO
Greeley
100.2
overall index
$1,700/mo rent

Detroit and Greeley have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+18.9%
Detroit
94.7
Greeley
112.6
🛒 Groceries2.7%
Detroit
98.8
Greeley
96.1
🚗 Transportation2.7%
Detroit
107.7
Greeley
104.8
🏥 Healthcare2.8%
Detroit
97.5
Greeley
94.8
Utilities23.4%
Detroit
107
Greeley
82

Salary Equivalency Calculator

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

$
Equivalent salary in Greeley, CO
$79,900
$100 less needed in Greeley

Formula: salary × (100.2 ÷ 100.3) = salary × 0.9990. Based on BEA Regional Price Parities.

Housing Market

Detroit, MI

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

Greeley, CO

Median Home Price
$489,000
Median Monthly Rent
$1,700
Housing Index
112.6
Price-to-Rent Ratio
24.0×

Greeley has 18.9% higher housing costs compared to Detroit.

Income & Job Market

Detroit, MI

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

Greeley, CO

Median Household Income
$91,000
Per Capita Income
$51,900
Unemployment Rate
4%
Population
108,795
Top Industries
AgricultureHealthcareEducationManufacturingEnergy

Affordability at a Glance

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

Detroit, MI
4.2×income-to-rent ratio

76% of income left after rent (median)

Greeley, CO
4.5×income-to-rent ratio

78% 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.