CostIndexUSA

Davenport, IA vs Reading, PA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
PA
Reading
97.1
overall index
$1,400/mo rent

Davenport is moderately cheaper than Reading — 9.0% lower overall cost of living.

To match an $80,000 salary in Davenport, you would need $87,200 in Reading. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+25.0%
Davenport
68.3
Reading
85.4
🛒 Groceries+6.9%
Davenport
94.2
Reading
100.7
🚗 Transportation+4.5%
Davenport
98.2
Reading
102.6
🏥 Healthcare+4.4%
Davenport
88.9
Reading
92.8
Utilities+20.4%
Davenport
89.9
Reading
108.2

Salary Equivalency Calculator

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

$
Equivalent salary in Reading, PA
$87,200
$7,200 more needed in Reading

Formula: salary × (97.1 ÷ 89.1) = salary × 1.0898. 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×

Reading, PA

Median Home Price
$299,000
Median Monthly Rent
$1,400
Housing Index
85.4
Price-to-Rent Ratio
17.8×

Reading has 25.0% 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

Reading, PA

Median Household Income
$75,700
Per Capita Income
$43,100
Unemployment Rate
5%
Population
95,112
Top Industries
HealthcareManufacturingRetailEducationLogistics

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)

Reading, PA
4.5×income-to-rent ratio

78% 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.