Cost of Living in Detroit, AL

With a cost of living index of 49, Detroit, AL is one of the most affordable cities in the country. Living here is 51% cheaper than the national average and 25% below the Alabama state average of 74. Detroit is a small community of 230 residents.

Housing costs are the biggest factor in Detroit's cost of living. The median monthly rent is $376 (71% below the US median of $1,319), and the median home value sits at $76,800 (75% below the national median of $304,900). At current prices, the median home costs roughly 4.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Detroit is $16,250, which is 78% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Detroit. The area sees an average annual temperature of 63.6°F, with summers averaging 81°F and winters around 46°F. Annual rainfall totals 57.7 inches spread over roughly 115 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.