CostIndexUSA

Davenport, IA vs Wilmington, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
NC
Wilmington
96.4
overall index
$1,700/mo rent

Davenport is moderately cheaper than Wilmington — 8.2% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $86,600 in Wilmington. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+36.5%
Davenport
68.3
Wilmington
93.2
🛒 Groceries+2.5%
Davenport
94.2
Wilmington
96.6
🚗 Transportation+5.0%
Davenport
98.2
Wilmington
103.1
🏥 Healthcare+4.9%
Davenport
88.9
Wilmington
93.3
Utilities2.2%
Davenport
89.9
Wilmington
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Wilmington, NC
$86,600
$6,600 more needed in Wilmington

Formula: salary × (96.4 ÷ 89.1) = salary × 1.0819. 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×

Wilmington, NC

Median Home Price
$432,000
Median Monthly Rent
$1,700
Housing Index
93.2
Price-to-Rent Ratio
21.2×

Wilmington has 36.5% 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

Wilmington, NC

Median Household Income
$76,900
Per Capita Income
$43,800
Unemployment Rate
4.3%
Population
115,451
Top Industries
HealthcareTourismTechnologyEducationMilitary

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)

Wilmington, NC
3.8×income-to-rent ratio

73% 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.