According to the Detroit Regional Chamber, the city has seen a steady increase in jobs in recent years. Between 2010 and 2022, Detroit added over 90,000 jobs, with sectors like technology, healthcare, and professional services experiencing significant growth. This suggests a thriving job market with ample opportunities.
Compared to major coastal cities, Detroit boasts a significantly lower cost of living. Rentcafe reports housing costs are considerably lower, making Detroit an attractive option for those seeking affordability.
Additionally, Detroit is undergoing a major revitalization with new developments, cultural attractions, and a growing entertainment scene. This creates a dynamic and exciting atmosphere for young professionals and families.
Overall, Detroit is a city on the rise. If you're looking for a growing job market, affordability, and a dynamic atmosphere, Detroit could be a great choice. The remote work landscape is evolving, and while not as extensive as some cities, it's definitely showing signs of progress.
The cost of living in Detroit, MI is 6% above the state average and 2% above the national average.
| Cost of Living in Detroit, MI | Compared to State Average | Compared to National Average |
|---|
| Housing (Buy and Rent) | 18% higher | 7% higher |
| Utilities (Monthly) | 5% lower | 6% lower |
| Food | 2% higher | 3% higher |
| Healthcare | 1% higher | 2% higher |
| Transportation | 3% lower | 0% |
| Goods & Services | 6% higher | 1% higher |
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Rentcafe Detroit