City vs city
Detroit vs New York City
$100,000 in Detroit buys a lifestyle closer to $187,000 in New York City, because New York City's cost-of-living index is 168 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
New York City
The highest-density job market in the US, with NYC local income tax on top of New York State tax.
- COL index
- 168
- Typical 1-bed
- $3,900/mo
- Comfortable salary
- $143,000
- $100k take-home
- $70,090
More comparisons: vs New York Cityvs San Franciscovs San Josevs Oaklandvs Los Angelesvs San Diego