CostIndexUSA

Anchorage, AK vs Davenport, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

AK
Anchorage
105.4
overall index
$1,700/mo rent
More AffordableIA
Davenport
89.1
overall index
$950/mo rent

Davenport is significantly cheaper than Anchorage — 15.5% lower overall cost of living.

To match an $80,000 salary in Anchorage, you would need $67,600 in Davenport. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing37.9%
Anchorage
109.9
Davenport
68.3
🛒 Groceries12.2%
Anchorage
107.3
Davenport
94.2
🚗 Transportation9.5%
Anchorage
108.5
Davenport
98.2
🏥 Healthcare9.5%
Anchorage
98.2
Davenport
88.9
Utilities19.6%
Anchorage
111.8
Davenport
89.9

Salary Equivalency Calculator

Enter your current salary in Anchorage to see what you'd need to earn in Davenport to maintain the same purchasing power.

$
Equivalent salary in Davenport, IA
$67,600
$12,400 less needed in Davenport

Formula: salary × (89.1 ÷ 105.4) = salary × 0.8454. Based on BEA Regional Price Parities.

Housing Market

Anchorage, AK

Median Home Price
$403,000
Median Monthly Rent
$1,700
Housing Index
109.9
Price-to-Rent Ratio
19.8×

Davenport, IA

Median Home Price
$183,000
Median Monthly Rent
$950
Housing Index
68.3
Price-to-Rent Ratio
16.1×

Anchorage has 37.9% lower housing costs compared to Davenport.

Income & Job Market

Anchorage, AK

Median Household Income
$94,200
Per Capita Income
$53,700
Unemployment Rate
3.7%
Population
291,538
Top Industries
GovernmentMilitaryTourismHealthcareEnergy

Davenport, IA

Median Household Income
$71,300
Per Capita Income
$40,600
Unemployment Rate
3.1%
Population
101,715
Top Industries
ManufacturingHealthcareFinanceRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Anchorage, AK
4.6×income-to-rent ratio

78% of income left after rent (median)

Davenport, IA
6.3×income-to-rent ratio

84% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.