CostIndexUSA

Davenport, IA vs Laredo, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IA
Davenport
89.1
overall index
$950/mo rent
More AffordableTX
Laredo
87
overall index
$1,275/mo rent

Laredo is slightly cheaper than Davenport — 2.4% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $78,100 in Laredo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing12.6%
Davenport
68.3
Laredo
59.7
🛒 Groceries≈ Equal
Davenport
94.2
Laredo
93.8
🚗 Transportation+3.0%
Davenport
98.2
Laredo
101.1
🏥 Healthcare+2.8%
Davenport
88.9
Laredo
91.4
Utilities10.3%
Davenport
89.9
Laredo
80.6

Salary Equivalency Calculator

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

$
Equivalent salary in Laredo, TX
$78,100
$1,900 less needed in Laredo

Formula: salary × (87 ÷ 89.1) = salary × 0.9764. 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×

Laredo, TX

Median Home Price
$213,000
Median Monthly Rent
$1,275
Housing Index
59.7
Price-to-Rent Ratio
13.9×

Davenport has 12.6% lower housing costs compared to Laredo.

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

Laredo, TX

Median Household Income
$60,200
Per Capita Income
$34,300
Unemployment Rate
4.5%
Population
261,639
Top Industries
International TradeHealthcareGovernmentRetailManufacturing

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)

Laredo, TX
3.9×income-to-rent ratio

75% 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.