Davenport, IA

Yes — everyday expenses in Davenport run about 24% below the US average (Cost Index: 76). Housing is especially affordable: the median home is valued around $162,900, compared to the $303,400 national median. Monthly rent is typically around $930, versus $1,348 nationally.

Start with housing. Typical monthly rent is $930, while local median household income is $64,497. That implies a rent-burden proxy of about 17% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Iowa has a progressive state income tax with a top rate of 5.7%. The effective property tax rate is 1.57%. On a home worth $162,900, that translates to roughly $2,558 per year in property taxes. Sales tax (state + local) averages around 6.94% on everyday purchases.

The typical monthly rent in Davenport is around $930. That's roughly 31% lower than the $1,348 national median. For comparison, the median home value here is $162,900, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Davenport is valued at $162,900. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $824/month for principal and interest alone — before property taxes and insurance. About 63% of residents here own their homes.

Grocery prices in Davenport are more affordable compared to the rest of the US (index: 94, where 100 is the national average). Utility bills (electricity, gas, water) are about typical (index: 90). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Davenport is a mid-sized city with a population of about 101,083. The median age of residents is 37.8, which is close to the national median. The local poverty rate is 15.6%, near the national average of 12.4%.