Colorado Springs, CO vs Detroit, MI
Cost of Living Comparison
Equivalent Salary
$100,000 in Colorado Springs, CO = $100,613 in Detroit, MI
Buying power is 0.6% higher in Detroit, MI
Median Rent
$1,562 vs $1,034
-33.8% lower in Detroit, MI
Median Income
$83,198 vs $39,575
-52.4% lower in Detroit, MI
Home Value
$420,700 vs $76,800
-81.7% lower in Detroit, MI
Price Level
97.4 vs 98.0
US avg = 100
Salary Needed for Median Rent
$62,500 vs $41,400
30% of gross income guideline
Rent as % of Income
22.5% vs 31.4%
Lower is more affordable