CostIndexUSA

Davenport, IA vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IA
Davenport
89.1
overall index
$950/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is moderately cheaper than Davenport — 6.2% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $75,100 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing−37.3%
Davenport
68.3
Monroe
42.8
🛒 Groceries≈ Equal
Davenport
94.2
Monroe
93.7
🚗 Transportation+2.3%
Davenport
98.2
Monroe
100.5
🏥 Healthcare+2.2%
Davenport
88.9
Monroe
90.9
⚡ Utilities−19.7%
Davenport
89.9
Monroe
72.2

Salary Equivalency Calculator

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

$
→
Equivalent salary in Monroe, LA
$75,100
$4,900 less needed in Monroe

Formula: salary × (83.6 ÷ 89.1) = salary × 0.9383. 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×

Monroe, LA

Median Home Price
$157,000
Median Monthly Rent
$1,100
Housing Index
42.8
Price-to-Rent Ratio
11.9×

Davenport has 37.3% lower housing costs compared to Monroe.

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

Monroe, LA

Median Household Income
$50,300
Per Capita Income
$28,700
Unemployment Rate
7.3%
Population
47,252
Top Industries
HealthcareEducationManufacturingGovernmentRetail

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)

Monroe, LA
3.8×income-to-rent ratio

74% of income left after rent (median)

Davenport vs other cities

Davenport, IA
vs
Cedar Rapids, IA
Index: 89.1Index: 89
Davenport, IA
vs
Des Moines, IA
Index: 89.1Index: 91.7
Davenport, IA
vs
Iowa City, IA
Index: 89.1Index: 91.5
Davenport, IA
vs
Chico, CA
Index: 89.1Index: 101.2
Davenport, IA
vs
Bend, OR
Index: 89.1Index: 103.6

Monroe vs other cities

Monroe, LA
vs
Baton Rouge, LA
Index: 83.6Index: 90.8
Monroe, LA
vs
Lafayette, LA
Index: 83.6Index: 87.2
Monroe, LA
vs
Lake Charles, LA
Index: 83.6Index: 85.9
Monroe, LA
vs
Charleston, WV
Index: 83.6Index: 88.7
Monroe, LA
vs
San Luis Obispo, CA
Index: 83.6Index: 108.6

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.