Quality of Life in Detroit, MI for an Individual Earning $66,560

Overview

An annual income of $66,560 in Detroit, MI, provides a reasonable middle-class lifestyle, with significant variations in cost of living, housing, healthcare access, and education quality compared to the broader United States.

Cost of Living

• General Living Expenses: Detroit has a lower cost of living than the national average, allowing residents to stretch their income further.

  • Grocery prices are approximately 2-3% lower than the U.S. average.
  • Utility costs in Detroit can be slightly below the national median.

• Transportation:

  • Public transit options are limited compared to larger metro areas like New York or San Francisco.
  • Gasoline prices are often in line with or slightly lower than the U.S. average.

Housing Market

• Affordability:

  • Detroit's housing market offers affordability with the median home price significantly below the national median.
  • Housing costs, whether renting or buying, tend to be more favorable in terms of affordability relative to income compared to many other cities.

• Property Types:

  • A range of housing styles, including historic homes and new developments, are available.
  • Neighborhoods vary from very affordable to more upscale areas that cater to different income levels.

Quality of Life

• Community and Culture:

  • A vibrant arts scene with museums, galleries, and theaters.
  • Emerging culinary destinations with a variety of dining options.

• Recreation:

  • Numerous parks, cultural festivals, and sports teams provide a broad array of recreational activities.

Access to Healthcare

• Healthcare Facilities:

  • Detroit is home to several hospitals and medical centers offering a range of services.
  • Access to healthcare professionals is generally adequate, but certain areas may have shortages.

• Insurance Costs:

  • Health insurance costs may vary, but generally align closely with national averages.

Quality of K-12 Schools

• Public Schools:

  • K-12 schools in Detroit face challenges, including uneven funding and performance disparities.
  • Some public schools are rated below the national average in terms of academic performance.

• Private and Charter School Options:

  • Several private and charter schools offer alternative education choices, often with higher educational outcomes.

Assessment

Detroit offers a generally favorable environment for someone earning $66,560 annually,