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Cost of living: Detroit, MI vs Raleigh, NC (2024)

Quick answer

Overall prices in the Detroit, MI metro were 100.3 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Detroit is 2.2% more expensive than Raleigh; housing rents differ by 8% (94.7 vs 103.5). A $75,000 income in Detroit buys about what $73,399 buys in Raleigh, 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)DetroitRaleighDetroit vs Raleigh
All items100.398.2+2.2%
Goods98.896.6+2.3%
Housing (rents)94.7103.5-8.5%
Utilities107.089.0+20.3%
Other services102.698.2+4.5%
All items, 2008100.697.0+3.7%
$50,000 in Detroit equals in Raleigh$48,933
$100,000 in Detroit equals in Raleigh$97,865
$150,000 in Detroit equals in Raleigh$146,798

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

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