Quick answer
Overall prices in the Detroit, MI metro were 100.3 vs 104.8 in Minneapolis, MN in 2024 (US = 100), so Detroit is 4.3% less expensive than Minneapolis; housing rents differ by 15% (94.7 vs 111.8). A $75,000 income in Detroit buys about what $78,383 buys in Minneapolis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Detroit | Minneapolis | Detroit vs Minneapolis |
|---|---|---|---|
| All items | 100.3 | 104.8 | -4.3% |
| Goods | 98.8 | 103.1 | -4.1% |
| Housing (rents) | 94.7 | 111.8 | -15.3% |
| Utilities | 107.0 | 93.5 | +14.4% |
| Other services | 102.6 | 104.4 | -1.8% |
| All items, 2008 | 100.6 | 102.9 | -2.3% |
| $50,000 in Detroit equals in Minneapolis | $52,255 | ||
| $100,000 in Detroit equals in Minneapolis | $104,511 | ||
| $150,000 in Detroit equals in Minneapolis | $156,766 |
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Last updated 2026-10-16. Data only, not financial or tax advice.