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Cost of Living: Davenport, IA vs New York, NY

Wondering how far your dollar stretches in Davenport compared to New York? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Davenport cost-of-living index is 84 vs 187 for New York (US = 100). Median home: $165,000 vs $750,000. Median rent: $850/mo vs $3,600/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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New York is 122.6% more expensive than Davenport
COL Index: Davenport 84 vs New York 187 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Davenport vs New York — At a Glance

DavenportMetricNew YorkDifference
84Cost of Living Index187+122.6%
$165,000Median Home Price$750,000+354.5%
$850Median Monthly Rent$3,600+323.5%
$52,500Median Household Income$76,607+45.9%
1.8%Property Tax Rate1.7%-5.6%
4.0%Unemployment Rate4.3%+7.5%
20 minAverage Commute36 min+80.0%
36.8Median Age37.1+0.8%
385,000Metro Population20,140,470+5131.3%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Davenport vs New York

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Davenport

Median Home Price$165,000
Down Payment (20.0%)$33,000
Loan Amount$132,000
Principal & Interest$834/mo
Property Tax$248/mo
Insurance$48/mo
Monthly PITI$1,130/mo

New York

Median Home Price$750,000
Down Payment (20.0%)$150,000
Loan Amount$600,000
Principal & Interest$3,792/mo
Property Tax$1,063/mo
Insurance$219/mo
Monthly PITI$5,074/mo

Rent & Affordability Ratios

Median Monthly Rent$850 vs $3,600 (+$2,750/mo)
Annual Rent Difference$33,000/yr more in New York
Home Price-to-Income Ratio3.1x (Davenport) vs 9.8x (New York)
Years to Save 20% Down (15% savings rate)4.2 yrs (Davenport) vs 13.1 yrs (New York)

Buying a home in Davenport costs $1,130/month (PITI) compared to $5,074/month in New York — a difference of $3,944/month or $47,328/year. The price-to-income ratio is 3.1x in Davenport versus 9.8x in New York, suggesting Davenport is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 4.2 years to save a down payment in Davenport compared to 13.1 years in New York.

Tax Comparison: Davenport vs New York

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryDavenportNew York
Gross Income$52,500$76,607
State Income Tax$1,995$3,608
Federal Income Tax$4,171$8,302
FICA (SS + Medicare)$4,016$5,861
Property Tax (on median home)$2,970/yr$12,750/yr
State Sales Tax Rate6.0%4.0%
Total Tax Burden$10,182 (19.4%)$17,771 (23.2%)
Take-Home Pay$42,318$58,836

On median household income, total taxes (federal + state + FICA) come to $10,182 in Davenport (19.4% effective) versus $17,771 in New York (23.2% effective). After taxes, take-home pay is $42,318 in Davenport and $58,836 in New York. Property taxes add $2,970/year on the median Davenport home versus $12,750/year in New York.

Salary Equivalence: What Your Income Is Worth

A $52,500 salary in Davenport equals
$116,875
in New York
A $76,607 salary in New York equals
$34,412
in Davenport

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $52,500 in Davenport (COL 84) and relocate to New York (COL 187), you would need $116,875 to maintain the same purchasing power. This means you would need a raise of $64,375 to maintain the same standard of living in New York.

Quality of Life: Davenport vs New York

Average Commute
20 min
Davenport
36 min
New York
16 min shorter in Davenport
Unemployment Rate
4.0%
Davenport
4.3%
New York
Davenport lower
Metro Population
0.4M
Davenport
20.1M
New York
New York is 52.3x larger

Beyond costs, quality of life matters. The average commute in Davenport is 20 minutes versus 36 minutes in New York, a difference of 16 minutes each way. Davenport's lower unemployment rate of 4.0% versus 4.3% suggests a stronger job market. New York skews slightly older with a median age of 37.1 vs 36.8 in Davenport.

Other Cost of Living Comparisons

Davenport vs Los AngelesCOL 84 vs 173Chicago vs DavenportCOL 114 vs 84Dallas vs DavenportCOL 105 vs 84Los Angeles vs New YorkCOL 173 vs 187Chicago vs New YorkCOL 114 vs 187Dallas vs New YorkCOL 105 vs 187

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Frequently Asked Questions

Is Davenport or New York more expensive?

New York is 122.6% more expensive than Davenport overall. New York has a cost of living index of 187 compared to 84 for Davenport (national average = 100). The biggest difference is housing: the median home costs $750,000 in New York vs $165,000 in Davenport.

How much more does housing cost in New York vs Davenport?

The median home price in New York is $750,000, which is $585,000 more than Davenport's median of $165,000. Monthly rent follows a similar pattern: $3,600/month in New York vs $850/month in Davenport, a difference of $2,750/month or $33,000/year.

What salary do I need in New York to match my Davenport income?

To maintain the same standard of living, a $52,500 salary in Davenport is equivalent to $116,875 in New York. This is based on the cost of living index ratio: Davenport's COL index of 84 vs New York's 187. Conversely, $76,607 in New York equals $34,412 in Davenport.

Which city has lower taxes, Davenport or New York?

On a median household income, the combined federal, state, and FICA tax burden is $10,182 (19.4% effective rate) in Davenport vs $17,771 (23.2% effective rate) in New York. Property taxes on the median home are $2,970/year in Davenport (1.8% rate) vs $12,750/year in New York (1.7% rate). Sales tax rates are 6.0% in Iowa and 4.0% in New York.

What is the median household income in Davenport and New York?

Davenport median household income: $52,500/yr. New York median household income: $76,607/yr (Census ACS).

How does rent compare in Davenport vs New York?

Median monthly rent: $850 in Davenport vs $3,600 in New York. Annualized that is $10,200 vs $43,200.

Which city is better for remote workers, Davenport or New York?

Davenport offers a lower cost of living (index 84 vs 187), which lets remote-workers keeping a coastal salary stretch further. New York typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Davenport and New York numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Davenport vs New York comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Davenport vs New York cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

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Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.