CostIndexUSA

Cheyenne, WY vs Davenport, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WY
Cheyenne
96.5
overall index
$1,475/mo rent
More AffordableIA
Davenport
89.1
overall index
$950/mo rent

Davenport is moderately cheaper than Cheyenne — 7.7% lower overall cost of living.

To match an $80,000 salary in Cheyenne, you would need $73,900 in Davenport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.9%
Cheyenne
89.8
Davenport
68.3
🛒 Groceries1.3%
Cheyenne
95.4
Davenport
94.2
🚗 Transportation6.8%
Cheyenne
105.4
Davenport
98.2
🏥 Healthcare6.8%
Cheyenne
95.4
Davenport
88.9
Utilities+15.3%
Cheyenne
78
Davenport
89.9

Salary Equivalency Calculator

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

$
Equivalent salary in Davenport, IA
$73,900
$6,100 less needed in Davenport

Formula: salary × (89.1 ÷ 96.5) = salary × 0.9233. Based on BEA Regional Price Parities.

Housing Market

Cheyenne, WY

Median Home Price
$377,000
Median Monthly Rent
$1,475
Housing Index
89.8
Price-to-Rent Ratio
21.3×

Davenport, IA

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

Cheyenne has 23.9% lower housing costs compared to Davenport.

Income & Job Market

Cheyenne, WY

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
5.4%
Population
63,957
Top Industries
GovernmentMilitaryHealthcareRetailManufacturing

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).

Cheyenne, WY
4.2×income-to-rent ratio

76% 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.