City Comparison

Davenport vs Minneapolis

Cost of Living Comparison · 2026

Davenport

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

Minneapolis

Minnesota
106
Above Average
$310,000
Median Home
$1,500/mo
Median Rent
$64,285
Median Income

The Verdict

21.7%

The cost gap between these cities is 21.7%, with Davenport being the more affordable option. A $75,000 income in Davenport has equivalent purchasing power to $95,783 in Minneapolis.

Category-by-Category Breakdown

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

Housing
60
Davenport
112
Minneapolis
Groceries
97
Davenport
104
Minneapolis
Utilities
83
Davenport
97
Minneapolis
Transportation
105
Davenport
108
Minneapolis
Healthcare
97
Davenport
105
Minneapolis

Salary Equivalence

A $75,000 salary in Davenport has the same purchasing power as $95,783 in Minneapolis.

Conversely, $75,000 in Minneapolis equals $58,726 in Davenport.

Living in Davenport vs Minneapolis

Housing Costs

Davenport's housing index of 60 is lower Minneapolis's 112, translating to median home prices of $212,000 vs $310,000. The $98,000 difference in home prices means roughly $6,372 per year in additional mortgage costs at current rates. Renters face a similar gap: $900/mo in Davenport compared to $1,500/mo in Minneapolis, a monthly difference of $600.

Grocery & Food Costs

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

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 83 in Davenport and 97 in Minneapolis. Monthly utility bills average approximately $332 in Davenport vs $388 in Minneapolis. 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 105 in Minneapolis. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $66,200 in Davenport and $64,285 in Minneapolis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,759 and $60,646 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 $1,500/month in Minneapolis. In Davenport, median rent of $900/mo fits within this budget. In Minneapolis, median rent of $1,500/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 52 index points — focus your budget analysis there.

Frequently Asked Questions

Davenport is 21.7% more affordable overall with an index of 83 vs 106.
A $75,000 salary in Davenport has equivalent purchasing power to approximately $95,783 in Minneapolis, based on the cost of living difference.
Davenport's housing index is 60 with median homes at $212,000, while Minneapolis's is 112 with median homes at $310,000.

Moving & Relocation Resources

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