Housing costs in Detroit?
A typical home costs
$308,500, which is 8.8% less expensive than the national average of
$338,100 and 34.1% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Detroit costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 46.2% cheaper than the state average of
$1,520.
Can I afford Detroit?
To live comfortably in Detroit, Oregon, a minimum annual income of
$59,040 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Detroit?
The cost of living in Detroit is considerably lower than other major cities. Depending on the neighborhood, rent can range from $600–$1,200 a month for a two-bedroom apartment. Groceries and basic household items are also relatively inexpensive compared to other locations in the US. According to BestPlaces, goods and services that are not rent (including groceries, restaurants, transportation, utilities) index is only 83.7, meaning you can get those items at a cost that is 17% less than the United States average. This makes Detroit an ideal place for those looking to live somewhere with a lower cost of living while still having access to great amenities and lots of activities.