City Comparison

Cape Coral vs Davenport

Cost of Living Comparison · 2026

Cape Coral

Florida
104
Average
$365,000
Median Home
$1,700/mo
Median Rent
$78,100
Median Income

Davenport

Iowa
83
Very Affordable
$212,000
Median Home
$900/mo
Median Rent
$66,200
Median Income

The Verdict

25.3%

Living in Davenport costs 25.3% less than Cape Coral. To match the purchasing power of a $75,000 salary in Cape Coral, you would need $59,856 in Davenport.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
118
Cape Coral
60
Davenport
Groceries
104
Cape Coral
97
Davenport
Utilities
103
Cape Coral
83
Davenport
Transportation
107
Cape Coral
105
Davenport
Healthcare
111
Cape Coral
97
Davenport

Salary Equivalence

A $75,000 salary in Cape Coral has the same purchasing power as $59,856 in Davenport.

Conversely, $75,000 in Davenport equals $93,976 in Cape Coral.

Living in Cape Coral vs Davenport

Housing Costs

Cape Coral's housing index of 118 is higher Davenport's 60, translating to median home prices of $365,000 vs $212,000. The $153,000 difference in home prices means roughly $9,948 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Cape Coral compared to $900/mo in Davenport, a monthly difference of $800.

Grocery & Food Costs

Grocery expenses index at 104 in Cape Coral and 97 in Davenport. A household spending the national average of $475/month on groceries would pay approximately $494/month in Cape Coral vs $461/month in Davenport. Davenport offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 103 in Cape Coral and 83 in Davenport. Monthly utility bills average approximately $412 in Cape Coral vs $332 in Davenport. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 111 in Cape Coral and 97 in Davenport. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $78,100 in Cape Coral and $66,200 in Davenport. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $75,096 and $79,759 respectively. Davenport residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,822/month to housing in Cape Coral vs $1,545/month in Davenport. In Cape Coral, median rent of $1,700/mo fits within this budget. In Davenport, median rent of $900/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 58 index points — focus your budget analysis there.

Frequently Asked Questions

Davenport is 25.3% more affordable overall with an index of 83 vs 104.
A $75,000 salary in Cape Coral has equivalent purchasing power to approximately $59,856 in Davenport, based on the cost of living difference.
Cape Coral's housing index is 118 with median homes at $365,000, while Davenport's is 60 with median homes at $212,000.

Moving & Relocation Resources

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