CostIndexUSA

Detroit, MI vs Sioux City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Detroit
100.3
overall index
$1,450/mo rent
More AffordableIA
Sioux City
86.5
overall index
$1,150/mo rent

Sioux City is moderately cheaper than Detroit — 13.8% lower overall cost of living.

To match an $80,000 salary in Detroit, you would need $69,000 in Sioux City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing39.0%
Detroit
94.7
Sioux City
57.8
🛒 Groceries4.9%
Detroit
98.8
Sioux City
94
🚗 Transportation9.6%
Detroit
107.7
Sioux City
97.4
🏥 Healthcare9.6%
Detroit
97.5
Sioux City
88.1
Utilities22.7%
Detroit
107
Sioux City
82.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux City, IA
$69,000
$11,000 less needed in Sioux City

Formula: salary × (86.5 ÷ 100.3) = salary × 0.8624. 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×

Sioux City, IA

Median Home Price
$211,000
Median Monthly Rent
$1,150
Housing Index
57.8
Price-to-Rent Ratio
15.3×

Detroit has 39.0% lower housing costs compared to Sioux City.

Income & Job Market

Detroit, MI

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

Sioux City, IA

Median Household Income
$70,700
Per Capita Income
$40,300
Unemployment Rate
3%
Population
82,684
Top Industries
HealthcareManufacturingAgricultureRetailEducation

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)

Sioux City, IA
5.1×income-to-rent ratio

80% 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.