CostIndexUSA

Bismarck, ND vs Davenport, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ND
Bismarck
91
overall index
$1,300/mo rent
More AffordableIA
Davenport
89.1
overall index
$950/mo rent

Davenport is slightly cheaper than Bismarck — 2.1% lower overall cost of living.

To match an $80,000 salary in Bismarck, you would need $78,300 in Davenport. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing18.7%
Bismarck
84
Davenport
68.3
🛒 Groceries1.6%
Bismarck
95.7
Davenport
94.2
🚗 Transportation+2.6%
Bismarck
95.7
Davenport
98.2
🏥 Healthcare+2.7%
Bismarck
86.6
Davenport
88.9
Utilities+19.9%
Bismarck
75
Davenport
89.9

Salary Equivalency Calculator

Enter your current salary in Bismarck to see what you'd need to earn in Davenport to maintain the same purchasing power.

$
Equivalent salary in Davenport, IA
$78,300
$1,700 less needed in Davenport

Formula: salary × (89.1 ÷ 91) = salary × 0.9791. Based on BEA Regional Price Parities.

Housing Market

Bismarck, ND

Median Home Price
$339,000
Median Monthly Rent
$1,300
Housing Index
84
Price-to-Rent Ratio
21.7×

Davenport, IA

Median Home Price
$183,000
Median Monthly Rent
$950
Housing Index
68.3
Price-to-Rent Ratio
16.1×

Bismarck has 18.7% lower housing costs compared to Davenport.

Income & Job Market

Bismarck, ND

Median Household Income
$83,400
Per Capita Income
$47,500
Unemployment Rate
1.9%
Population
73,529
Top Industries
GovernmentEnergyHealthcareFinanceAgriculture

Davenport, IA

Median Household Income
$71,300
Per Capita Income
$40,600
Unemployment Rate
3.1%
Population
101,715
Top Industries
ManufacturingHealthcareFinanceRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bismarck, ND
5.3×income-to-rent ratio

81% of income left after rent (median)

Davenport, IA
6.3×income-to-rent ratio

84% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.