City vs city
Detroit vs Austin
$100,000 in Detroit buys a lifestyle closer to $132,000 in Austin, because Austin's cost-of-living index is 119 versus 90.
Detroit
Low housing costs, city income tax, and a 4.25% state flat tax.
- COL index
- 90
- Typical 1-bed
- $1,200/mo
- Comfortable salary
- $77,000
- $100k take-home
- $72,781
Austin
No state income tax. Rents fell from the 2022 peak but remain above most Texas metros.
- COL index
- 119
- Typical 1-bed
- $1,650/mo
- Comfortable salary
- $101,000
- $100k take-home
- $79,180
More comparisons: vs New York Cityvs San Franciscovs San Josevs Oaklandvs Los Angelesvs San Diego