Frisco is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Frisco to live the same way.
🏠 Rent per month
$1,347
$2,246
🛏️ 2-bedroom rent
$1,153
$2,299
💵 Families earn per year
$43,073
$162,004
🔑 Buying a house
$83,900
$642,100
📊 Overall prices (U.S. = 100)
100.3
97.1
🏛️ Property tax per year
$1,402
$9,572
⚡ Electric bill per month
$196
$196
👥 People living there
638,530
219,304
Commute to work
24.8 min
28.6 min
College degree
18.1%
67.5%
Own their home
50.3%
65.9%
Below poverty line
32.7%
3.6%
Unemployment
14%
4.6%
Bottom line
- Pick Detroit for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Frisco for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Detroit or Frisco cheaper to live in?
Frisco is about 3% cheaper overall. Rent is $2,246 a month there versus $1,347 in Detroit.
What salary do I need in Frisco to match $60,000 in Detroit?
About $58,061 a year gives the same standard of living in Frisco.
Where do people earn more, Detroit or Frisco?
The typical household earns $43,073 in Detroit and $162,004 in Frisco, 73% more in Frisco.