CostIndexUSA

Davenport, IA vs Lansing, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
MI
Lansing
95
overall index
$1,300/mo rent

Davenport is moderately cheaper than Lansing — 6.6% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $85,300 in Lansing. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+22.3%
Davenport
68.3
Lansing
83.5
🛒 Groceries≈ Equal
Davenport
94.2
Lansing
93.7
🚗 Transportation+6.4%
Davenport
98.2
Lansing
104.5
🏥 Healthcare+6.4%
Davenport
88.9
Lansing
94.6
Utilities+6.2%
Davenport
89.9
Lansing
95.5

Salary Equivalency Calculator

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

$
Equivalent salary in Lansing, MI
$85,300
$5,300 more needed in Lansing

Formula: salary × (95 ÷ 89.1) = salary × 1.0662. Based on BEA Regional Price Parities.

Housing Market

Davenport, IA

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

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Lansing has 22.3% higher housing costs compared to Davenport.

Income & Job Market

Davenport, IA

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

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

Affordability at a Glance

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

Davenport, IA
6.3×income-to-rent ratio

84% of income left after rent (median)

Lansing, MI
4.5×income-to-rent ratio

78% 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.