Detroit vs Chicago: Cost of Living & Housing Comparison
Detroit's median home value is $66,700 — 78% lower than Chicago's $304,500.
Median household income is $37,761 in Detroit versus $71,673 in Chicago.
Typical rent runs $989 in Detroit and $1,314 in Chicago.
| Metric | Detroit, MI | Chicago, IL |
|---|---|---|
| Population | 636,787 | 2,721,914 |
| Median home value | $66,700 | $304,500 |
| Median household income | $37,761 | $71,673 |
| Median gross rent | $989 | $1,314 |
| Climate risk (FEMA) | Relatively High | Very High |
On housing costs, Detroit, MI looks more affordable than Chicago, IL — lower median home value and rent. This reflects housing only, not total cost of living.
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Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index
Data last updated July 2026.