CostIndexUSA

Davenport, IA vs Providence, RI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
RI
Providence
101.8
overall index
$2,075/mo rent

Davenport is moderately cheaper than Providence — 14.3% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $91,400 in Providence. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+52.1%
Davenport
68.3
Providence
103.9
🛒 Groceries+3.1%
Davenport
94.2
Providence
97.1
🚗 Transportation+9.4%
Davenport
98.2
Providence
107.4
🏥 Healthcare+9.3%
Davenport
88.9
Providence
97.2
Utilities+65.5%
Davenport
89.9
Providence
148.8

Salary Equivalency Calculator

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

$
Equivalent salary in Providence, RI
$91,400
$11,400 more needed in Providence

Formula: salary × (101.8 ÷ 89.1) = salary × 1.1425. 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×

Providence, RI

Median Home Price
$501,000
Median Monthly Rent
$2,075
Housing Index
103.9
Price-to-Rent Ratio
20.1×

Providence has 52.1% 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

Providence, RI

Median Household Income
$83,300
Per Capita Income
$47,500
Unemployment Rate
4.7%
Population
190,934
Top Industries
HealthcareEducationFinanceManufacturingTourism

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)

Providence, RI
3.3×income-to-rent ratio

70% 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.