Cost of Living in Davenport, IA

Population 101,083 · Iowa · Data vintage 2023

60
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Davenport offers a notably favorable income-to-housing ratio for its region. The typical home — $163,000 — costs less than 2.5 times median household income of $64,497, a threshold many coastal markets passed a decade ago.

Cost Overview

Housing 53
Rent 71

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

About the Cost of Living in Davenport

The median home value in Davenport is $162,900 — 47% below the national median of $305,000. Median rent runs $930/month, 29% lower than the national median of $1,314/month. The median household income of $64,497/year is 14% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Iowa's top state income tax rate is 5.7% and the combined sales tax is 6.9%. Overall, Davenport has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$162,900
47% below avg
Zillow Home Value
$183,888
Zillow ZHVI
Median Rent
$930/mo
29% below avg
Zillow Rent
$948/mo
Zillow ZORI
Price-to-Rent Ratio
14.6x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$716
2 BR
$877
3 BR
$1,170
4 BR
$1,287
Owner-occupied 63.0%
Renter-occupied 37.0%

💰 Estimated Monthly Budget

Rent median rent
$930
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,544/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
20.5 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.9%

Commute Mode

Drove alone
78.8%
Carpooled
7.3%
Public transit
0.9%
Walked
2.7%
Bicycle
0.2%
Work from home
8.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.7%
Total Sales Tax 6.9%
State rate 6.0%
Avg local rate 0.9%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$64,497
14% below avg
Per Capita Income
$36,583
Unemployment Rate
4.8%
0% below avg
Poverty Rate
15.6%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 18.9%
Graduate degree 11.1%

👥 Demographics

Median Age 37.8
Male median age 37.2
Female median age 38.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
38.9%
Good air days/yr
219
Max AQI recorded
225
PM2.5 days
113
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

86%
4-Year Graduation Rate
14:1
Student-teacher ratio
30
Public schools
15,324
Total enrollment

Frequently Asked Questions

What is the cost of living in Davenport, IA?

Davenport has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Davenport, IA?

The median gross rent in Davenport is $930 per month based on 2023 Census data.

What is the average home price in Davenport?

The median home value in Davenport is $162,900 according to Zillow and Census data.

What is the median income in Davenport?

The median household income in Davenport is $64,497 per year (2023 ACS 5-year estimates).

What is the sales tax in Davenport, IA?

The combined state and local sales tax rate in Davenport is 6.9%. The Iowa state income tax top rate is 5.7%.

Is Davenport, IA affordable?

Yes, Davenport is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

Davenport at a Glance

Population
101,083
Median Income
$64,497
Home Value
$162,900
Median Rent
$930/mo
Unemployment
4.8%
Sales Tax
6.9%
View all cities in Iowa →
🗺️ County data for Iowa

Explore county-level cost of living data

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