Cost of Living in Davenport, FL

Population 11,660 · Florida · Data vintage 2023

146
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Davenport sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Rental affordability is stretched — $2,875/month works out to about 53% of median household income, above the 30% "cost-burdened" line.

Located 20 miles east of Lakeland, Davenport falls within that metro's commuting orbit. Median home values run roughly 30% higher than Lakeland's $229,000.

Cost Overview

Housing 97
Rent 219

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Davenport

The median home value in Davenport is $297,000 — 3% below the national median of $305,000. Median rent runs $2,875/month, 119% higher than the national median of $1,314/month. The median household income of $65,157/year is 13% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Davenport has a cost of living index of 146 versus the US average of 100, meaning it is 46% more expensive.

🏠 Housing

Median Home Value
$297,000
3% below avg
Zillow Home Value
$341,235
Zillow ZHVI
Median Rent
$2,875/mo
119% above avg
Zillow Rent
$1,971/mo
Zillow ZORI
Price-to-Rent Ratio
8.6x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 92.8%
Renter-occupied 7.2%

💰 Estimated Monthly Budget

Rent median rent
$2,875
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,489/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
43.7 min
62% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.9%

Commute Mode

Drove alone
84.1%
Carpooled
3.5%
Work from home
11.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$65,157
13% below avg
Per Capita Income
$25,523
Unemployment Rate
2.7%
44% below avg
Poverty Rate
18.0%
Labor Force Participation
68.4%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 9.2%

👥 Demographics

Median Age 35.8
Male median age 38.2
Female median age 34

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
75.3%
Good air days/yr
101
Max AQI recorded
145
PM2.5 days
220
Ozone days

Frequently Asked Questions

What is the cost of living in Davenport, FL?

Davenport has a cost index of 146 (100 = national average). It is 46% above the national average.

What is average rent in Davenport, FL?

The median gross rent in Davenport is $2,875 per month based on 2023 Census data.

What is the average home price in Davenport?

The median home value in Davenport is $297,000 according to Zillow and Census data.

What is the median income in Davenport?

The median household income in Davenport is $65,157 per year (2023 ACS 5-year estimates).

What is the sales tax in Davenport, FL?

The combined state and local sales tax rate in Davenport is 7.0%. Florida has no state income tax.

Is Davenport, FL affordable?

Davenport is above average in cost of living, with an index of 146 — about 46% higher than the national average.

Davenport at a Glance

Population
11,660
Median Income
$65,157
Home Value
$297,000
Median Rent
$2,875/mo
Unemployment
2.7%
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs