CostIndexUSA

Davenport, IA vs Evansville, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
IN
Evansville
91.5
overall index
$1,050/mo rent

Davenport is slightly cheaper than Evansville — 2.7% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $82,200 in Evansville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing2.3%
Davenport
68.3
Evansville
66.7
🛒 Groceries≈ Equal
Davenport
94.2
Evansville
94.3
🚗 Transportation+6.0%
Davenport
98.2
Evansville
104.1
🏥 Healthcare+6.0%
Davenport
88.9
Evansville
94.2
Utilities3.6%
Davenport
89.9
Evansville
86.7

Salary Equivalency Calculator

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

$
Equivalent salary in Evansville, IN
$82,200
$2,200 more needed in Evansville

Formula: salary × (91.5 ÷ 89.1) = salary × 1.0269. Based on BEA Regional Price Parities.

Housing Market

Davenport, IA

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

Evansville, IN

Median Home Price
$214,000
Median Monthly Rent
$1,050
Housing Index
66.7
Price-to-Rent Ratio
17.0×

Davenport has 2.3% lower housing costs compared to Evansville.

Income & Job Market

Davenport, IA

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

Evansville, IN

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
3.4%
Population
118,414
Top Industries
HealthcareManufacturingFinanceRetailEducation

Affordability at a Glance

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

Davenport, IA
6.3×income-to-rent ratio

84% of income left after rent (median)

Evansville, IN
5.2×income-to-rent ratio

81% 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.