CostIndexUSA

Chico, CA vs Davenport, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Chico
101.2
overall index
$1,575/mo rent
More AffordableIA
Davenport
89.1
overall index
$950/mo rent

Davenport is moderately cheaper than Chico — 12.0% lower overall cost of living.

To match an $80,000 salary in Chico, you would need $70,400 in Davenport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing25.7%
Chico
91.9
Davenport
68.3
🛒 Groceries10.5%
Chico
105.2
Davenport
94.2
🚗 Transportation6.7%
Chico
105.3
Davenport
98.2
🏥 Healthcare6.7%
Chico
95.3
Davenport
88.9
Utilities43.4%
Chico
158.8
Davenport
89.9

Salary Equivalency Calculator

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

$
Equivalent salary in Davenport, IA
$70,400
$9,600 less needed in Davenport

Formula: salary × (89.1 ÷ 101.2) = salary × 0.8804. Based on BEA Regional Price Parities.

Housing Market

Chico, CA

Median Home Price
$390,000
Median Monthly Rent
$1,575
Housing Index
91.9
Price-to-Rent Ratio
20.6×

Davenport, IA

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

Chico has 25.7% lower housing costs compared to Davenport.

Income & Job Market

Chico, CA

Median Household Income
$63,200
Per Capita Income
$36,000
Unemployment Rate
6.9%
Population
101,475
Top Industries
EducationHealthcareAgricultureManufacturingRetail

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).

Chico, CA
3.3×income-to-rent ratio

70% 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.