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Cost of living: Detroit, MI vs Denver, CO (2024)

Quick answer

Overall prices in the Detroit, MI metro were 100.3 vs 105.8 in Denver, CO in 2024 (US = 100), so Detroit is 5.2% less expensive than Denver; housing rents differ by 36% (94.7 vs 146.9). A $75,000 income in Detroit buys about what $79,101 buys in Denver, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)DetroitDenverDetroit vs Denver
All items100.3105.8-5.2%
Goods98.8101.0-2.1%
Housing (rents)94.7146.9-35.5%
Utilities107.087.9+21.8%
Other services102.699.4+3.2%
All items, 2008100.6105.8-4.9%
$50,000 in Detroit equals in Denver$52,734
$100,000 in Detroit equals in Denver$105,468
$150,000 in Detroit equals in Denver$158,202

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Last updated 2026-10-16. Data only, not financial or tax advice.

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