Cost of Living in Detroit Beach, MI
Population: 2,231 | Michigan
Detroit Beach is 14% less expensive than the national average.
Cost of Living in Detroit Beach, MI: What You Need to Know
With a cost of living index of 86, Detroit Beach, MI is a very affordable place to live. Living here is 14% cheaper than the national average and 8% above the Michigan state average of 78. Detroit Beach is a small community of 2,231 residents.
The median household income in Detroit Beach is $73,478, which is 2% lower than the national median of $75,149.
Everyday prices in the Monroe, MI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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.
Income
- Median Household Income
- $73,478
- vs US Median ($75,149)
- -2%
Housing
- Median Home Value
- $163,400
- Median Monthly Housing Cost
- $1,209/mo
Everyday Prices in Detroit Beach
BLS Average Prices for the Monroe, MI (Metropolitan Statistical Area) area