CostIndexUSA

Detroit, MI vs Olympia, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMI
Detroit
100.3
overall index
$1,450/mo rent
WA
Olympia
103.7
overall index
$2,025/mo rent

Detroit is slightly cheaper than Olympia — 3.4% lower overall cost of living.

To match an $80,000 salary in Detroit, you would need $82,700 in Olympia. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+23.2%
Detroit
94.7
Olympia
116.7
🛒 Groceries+6.3%
Detroit
98.8
Olympia
105
🚗 Transportation3.1%
Detroit
107.7
Olympia
104.4
🏥 Healthcare3.1%
Detroit
97.5
Olympia
94.5
Utilities14.3%
Detroit
107
Olympia
91.7

Salary Equivalency Calculator

Enter your current salary in Detroit to see what you'd need to earn in Olympia to maintain the same purchasing power.

$
Equivalent salary in Olympia, WA
$82,700
$2,700 more needed in Olympia

Formula: salary × (103.7 ÷ 100.3) = salary × 1.0339. Based on BEA Regional Price Parities.

Housing Market

Detroit, MI

Median Home Price
$254,000
Median Monthly Rent
$1,450
Housing Index
94.7
Price-to-Rent Ratio
14.6×

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Olympia has 23.2% higher housing costs compared to Detroit.

Income & Job Market

Detroit, MI

Median Household Income
$72,600
Per Capita Income
$41,400
Unemployment Rate
5%
Population
672,795
Top Industries
AutomotiveHealthcareTechnologyFinanceManufacturing

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Detroit, MI
4.2×income-to-rent ratio

76% of income left after rent (median)

Olympia, WA
3.8×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.