CostIndexUSA

Davenport, IA vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
NC
Winston-Salem
92
overall index
$1,075/mo rent

Davenport is slightly cheaper than Winston-Salem — 3.3% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $82,600 in Winston-Salem. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+4.5%
Davenport
68.3
Winston-Salem
71.4
🛒 Groceries+2.5%
Davenport
94.2
Winston-Salem
96.6
🚗 Transportation+5.0%
Davenport
98.2
Winston-Salem
103.1
🏥 Healthcare+4.9%
Davenport
88.9
Winston-Salem
93.3
Utilities1.7%
Davenport
89.9
Winston-Salem
88.4

Salary Equivalency Calculator

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

$
Equivalent salary in Winston-Salem, NC
$82,600
$2,600 more needed in Winston-Salem

Formula: salary × (92 ÷ 89.1) = salary × 1.0325. 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×

Winston-Salem, NC

Median Home Price
$355,000
Median Monthly Rent
$1,075
Housing Index
71.4
Price-to-Rent Ratio
27.5×

Winston-Salem has 4.5% 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

Winston-Salem, NC

Median Household Income
$64,400
Per Capita Income
$36,700
Unemployment Rate
4.2%
Population
247,945
Top Industries
HealthcareManufacturingFinanceEducationGovernment

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)

Winston-Salem, NC
5.0×income-to-rent ratio

80% 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.