CostIndexUSA

Davenport, IA vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
NY
New York
112.6
overall index
$3,225/mo rent

Davenport is significantly cheaper than New York — 26.4% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $101,100 in New York. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+117.6%
Davenport
68.3
New York
148.6
🛒 Groceries+17.1%
Davenport
94.2
New York
110.3
🚗 Transportation+13.1%
Davenport
98.2
New York
111.1
🏥 Healthcare+13.0%
Davenport
88.9
New York
100.5
Utilities+41.3%
Davenport
89.9
New York
127

Salary Equivalency Calculator

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

$
Equivalent salary in New York, NY
$101,100
$21,100 more needed in New York

Formula: salary × (112.6 ÷ 89.1) = salary × 1.2637. 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×

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

New York has 117.6% 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

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

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)

New York, NY
2.5×income-to-rent ratio

59% 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.