Is Detroit, MI cheaper than Colorado Springs, CO?

Based on cost of living data, Detroit, MI is 14.6% cheaper than Colorado Springs, CO. This translates to saving $1092 per month.

What salary do I need in Detroit, MI to live like I do in Colorado Springs, CO?

If you earn $150,000 in Colorado Springs, CO, you'd need approximately $136,893.204 in Detroit, MI to maintain the same standard of living.

How does housing cost compare between Colorado Springs, CO and Detroit, MI?

Housing in Detroit, MI is 45.5% cheaper than in Colorado Springs, CO. For a two-bedroom apartment, rent is $1,225/month in Detroit, MI compared to $1,800/month in Colorado Springs, CO.

How much can I save per month by moving from Colorado Springs, CO to Detroit, MI?

Moving from Colorado Springs, CO to Detroit, MI could save you approximately $1092 per month, or $13107 per year, based on a $150,000 salary.

MoveNumbers

Colorado Springs, CO

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Detroit, MI

Cost of Living Comparison 2026

Current salary in Colorado Springs, CO

Numbers update automatically as you type

You'd save $1.1K/month moving to Detroit, MI

$150.0K in your current city equals $136.9K in Detroit, MI

Rent data from HUD ZIP-level estimates · COL index from Colorado Springs, CO area

Overall Cost

↓ 14.6%

Less expensive

Monthly Impact

$1,092

Savings

Annual Impact

$13.1K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Colorado Springs, CO

Population:479K

Cost Index:100

Median Home:$415K

Detroit, MI

Population:639K

Cost Index:85

Median Home:$86K

Colorado Springs, CO

The Centennial State

479K

Population

State Tax

Yes

Located in Colorado, this city has a population of 479K residents.

Detroit, MI

The Great Lakes State

639K

Population

State Tax

Yes

Located in Michigan, this city has a population of 639K residents.

Cost Breakdown by Category

Annual spending: Colorado Springs, CO vs Detroit, MI

Category	Colorado Springs, CO	Detroit, MI	Difference	Change
🏠Housing	$2,859/mo	$1,559/mo	↓ $1,299less	45.5%
🚗Transportation	$1,270/mo	$1,571/mo	↑ $301more	23.7%
📦Other	$1,791/mo	$1,674/mo	↓ $117less	6.5%
⚡All Utilities	$454/mo	$557/mo	↑ $104more	22.9%
🏥Healthcare	$626/mo	$564/mo	↓ $61.96less	9.9%
🛒Groceries	$999/mo	$949/mo	↓ $49.96less	5.0%

🏠Housing

↓ 45.5%

Colorado Springs, CO

$2,859

Detroit, MI

$1,559

Difference

$1,299

less

🚗Transportation

↑ 23.7%

Colorado Springs, CO

$1,270

Detroit, MI

$1,571

Difference

$301

📦Other

↓ 6.5%

Colorado Springs, CO

$1,791

Detroit, MI

$1,674

Difference

$117

less

⚡All Utilities

↑ 22.9%

Colorado Springs, CO

$454

Detroit, MI

$557

Difference

$104

🏥Healthcare

↓ 9.9%

Colorado Springs, CO

$626

Detroit, MI

$564

Difference

$61.96

less

🛒Groceries

↓ 5.0%

Colorado Springs, CO

$999

Detroit, MI

$949

Difference

$49.96

less

🏛️ Local Income Taxes

Detroit, MI: Detroit City Income Tax$3,600/yr (2.4%)

Colorado Springs, CO has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,240

To$875

↓ $365

1 Bed

From$1,520

To$975

↓ $545

2 Bed

From$1,800

To$1,225

↓ $575

3 Bed

From$2,505

To$1,495

↓ $1,010

Colorado Springs, COZIP-level data

1BR range: $1,210–$2,050/mo

Detroit, MIZIP-level data

1BR range: $830–$1,690/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,999

Monthly in Colorado Springs, CO

$6,875

Monthly in Detroit, MI

$1,124

Difference

Home Values

Colorado Springs

Detroit

$415K

Median Value

$86K

↓ -2.2%

YoY Change

↓ -3.3%

↑ +22.4%

5-Year Change

↑ +15.3%

$314K - $709K

Price Range

$48K - $415K

Homes in Detroit are 79% less expensive than Colorado Springs

Calculate payment - Colorado Springs Calculate payment - Detroit

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $225

Per year

Monthly Difference

$18.75

More take-home

Effective Rate Diff

0.2%

Rate difference

Colorado Springs, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

Detroit, MI

Federal Income Tax

Effective: 18.9%

$25.5K

Michigan State Tax

Effective: 4.3%

$6.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 28.9%

$43.4K

Take-Home Pay

$8,884/month

$106.6K

Additional Tax Information

Colorado Springs, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

Detroit, MI Tax Rates

Sales Tax:6.0%

Property Tax:1.4%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.