Cost of Living: Detroit, MI vs Colorado Springs, CO (2026)

Detroit

Michigan
53
VS

Colorado Springs

Colorado
119

Detroit is 55% cheaper than Colorado Springs.

$1,034/mo ↓ 34%
Median Rent
$1,562/mo ↑ 51%
$39,575/yr ↓ 52%
Median Income
$83,198/yr ↑ 110%
$76,800 ↓ 82%
Home Value
$420,700 ↑ 448%
$868/mo ↓ 45%
Owner Costs
$1,592/mo ↑ 83%
636,644
Population
483,099

Tax Comparison

4.25%
Income Tax
4.4%
6.0%
State Sales Tax
2.9%
1.38%
Property Tax
0.51%

Affordability

31.4%
rent-to-income
Affordability
22.5%
rent-to-income

Detailed Comparison

When comparing Detroit, MI and Colorado Springs, CO, the overall cost of living indices are 53 and 119 respectively (national median = 100). Rent is $528/month cheaper in Detroit, saving renters about $6,336/year.

Median household income is $43,623/year higher in Colorado Springs. Home values also differ significantly — the median in Detroit is $76,800 compared to $420,700 in Colorado Springs.

Michigan has a lower income tax rate, making Detroit slightly more tax-friendly.

Frequently Asked Questions

Detroit vs Colorado Springs — common questions

Is Detroit or Colorado Springs cheaper to live in?
Based on our cost index, Detroit is cheaper to live in with an index of 53 compared to 119 (US average = 100).
What is the rent difference between Detroit and Colorado Springs?
Median rent in Detroit is $1,034/month and in Colorado Springs it's $1,562/month — a difference of $528/month.
Which city has higher income, Detroit or Colorado Springs?
Median household income is $39,575 in Detroit and $83,198 in Colorado Springs. Median household income is $43,623/year higher in Colorado Springs.
How do taxes compare between Michigan and Colorado?
Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Detroit or Colorado Springs?
It depends on your priorities. Detroit has a cost index of 53 with median rent of $1,034/mo, while Colorado Springs has a cost index of 119 with rent of $1,562/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Detroit details → View Colorado Springs details →

More Comparisons

Other cost of living comparisons for Detroit and Colorado Springs

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