CostIndexUSA

Davenport, IA vs Philadelphia, PA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
PA
Philadelphia
102.6
overall index
$1,850/mo rent

Davenport is significantly cheaper than Philadelphia — 15.2% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $92,100 in Philadelphia. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+65.6%
Davenport
68.3
Philadelphia
113.1
🛒 Groceries+2.8%
Davenport
94.2
Philadelphia
96.8
🚗 Transportation+10.2%
Davenport
98.2
Philadelphia
108.2
🏥 Healthcare+10.1%
Davenport
88.9
Philadelphia
97.9
Utilities+27.3%
Davenport
89.9
Philadelphia
114.4

Salary Equivalency Calculator

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

$
Equivalent salary in Philadelphia, PA
$92,100
$12,100 more needed in Philadelphia

Formula: salary × (102.6 ÷ 89.1) = salary × 1.1515. 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×

Philadelphia, PA

Median Home Price
$374,000
Median Monthly Rent
$1,850
Housing Index
113.1
Price-to-Rent Ratio
16.8×

Philadelphia has 65.6% 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

Philadelphia, PA

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
4.5%
Population
1,603,797
Top Industries
HealthcareEducationFinanceTourismManufacturing

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)

Philadelphia, PA
3.9×income-to-rent ratio

74% 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.