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.

MetricDetroit, MIChicago, IL
Population636,7872,721,914
Median home value$66,700$304,500
Median household income$37,761$71,673
Median gross rent$989$1,314
Climate risk (FEMA)Relatively HighVery 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.

Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index

Data last updated July 2026.

Detroit vs Chicago Home Values, Rent & Income (2026) | RelocateFacts