CostIndexUSA

Davenport, IA vs Hialeah, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
FL
Hialeah
114.2
overall index
$2,650/mo rent

Davenport is significantly cheaper than Hialeah — 28.2% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $102,500 in Hialeah. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+127.8%
Davenport
68.3
Hialeah
155.6
🛒 Groceries+10.0%
Davenport
94.2
Hialeah
103.6
🚗 Transportation+16.7%
Davenport
98.2
Hialeah
114.6
🏥 Healthcare+16.6%
Davenport
88.9
Hialeah
103.7
Utilities+8.1%
Davenport
89.9
Hialeah
97.2

Salary Equivalency Calculator

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

$
Equivalent salary in Hialeah, FL
$102,500
$22,500 more needed in Hialeah

Formula: salary × (114.2 ÷ 89.1) = salary × 1.2817. 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×

Hialeah, FL

Median Home Price
$467,000
Median Monthly Rent
$2,650
Housing Index
155.6
Price-to-Rent Ratio
14.7×

Hialeah has 127.8% higher housing costs compared to Davenport.

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

Hialeah, FL

Median Household Income
$76,300
Per Capita Income
$43,500
Unemployment Rate
4.1%
Population
233,339
Top Industries
HealthcareRetailManufacturingLogisticsGovernment

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)

Hialeah, FL
2.4×income-to-rent ratio

58% 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.