Cost of Living: Detroit, MI vs Hollywood, FL (2026)

Detroit

Michigan
53
VS

Hollywood

Florida
113

Detroit is 53% cheaper than Hollywood.

$1,034/mo ↓ 34%
Median Rent
$1,555/mo ↑ 50%
$39,575/yr ↓ 39%
Median Income
$65,359/yr ↑ 65%
$76,800 ↓ 79%
Home Value
$374,200 ↑ 387%
$868/mo ↓ 45%
Owner Costs
$1,568/mo ↑ 81%
636,644
Population
152,935

Tax Comparison

4.25%
Income Tax
0%
6.0%
State Sales Tax
6.0%
1.38%
Property Tax
0.86%

Affordability

31.4%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Detroit, MI and Hollywood, FL, the overall cost of living indices are 53 and 113 respectively (national median = 100). Rent is $521/month cheaper in Detroit, saving renters about $6,252/year.

Median household income is $25,784/year higher in Hollywood. Home values also differ significantly — the median in Detroit is $76,800 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over Michigan's 4.25% rate.

Frequently Asked Questions

Detroit vs Hollywood — common questions

Is Detroit or Hollywood cheaper to live in?
Based on our cost index, Detroit is cheaper to live in with an index of 53 compared to 113 (US average = 100).
What is the rent difference between Detroit and Hollywood?
Median rent in Detroit is $1,034/month and in Hollywood it's $1,555/month — a difference of $521/month.
Which city has higher income, Detroit or Hollywood?
Median household income is $39,575 in Detroit and $65,359 in Hollywood. Median household income is $25,784/year higher in Hollywood.
How do taxes compare between Michigan and Florida?
Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Detroit or Hollywood?
It depends on your priorities. Detroit has a cost index of 53 with median rent of $1,034/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Detroit details → View Hollywood details →

More Comparisons

Other cost of living comparisons for Detroit and Hollywood

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