Davenport vs Laredo

Category-by-Category Breakdown

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

Salary Equivalence

A $75,000 salary in Davenport has the same purchasing power as $74,096 in Laredo.

Conversely, $75,000 in Laredo equals $75,915 in Davenport.

Living in Davenport vs Laredo

Housing Costs

Davenport's housing index of 60 is lower Laredo's 81, translating to median home prices of $212,000 vs $190,000. The $22,000 difference in home prices means roughly $1,428 per year in additional mortgage costs at current rates. Renters face a similar gap: $900/mo in Davenport compared to $1,075/mo in Laredo, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 97 in Davenport and 91 in Laredo. A household spending the national average of $475/month on groceries would pay approximately $461/month in Davenport vs $432/month in Laredo. Laredo offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 83 in Davenport and 107 in Laredo. Monthly utility bills average approximately $332 in Davenport vs $428 in Laredo. 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 97 in Davenport and 77 in Laredo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 20-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $66,200 in Davenport and $63,900 in Laredo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,759 and $77,927 respectively. Davenport residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,545/month to housing in Davenport vs $1,491/month in Laredo. In Davenport, median rent of $900/mo fits within this budget. In Laredo, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 24 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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