CostIndexUSA

Davenport, IA vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Davenport
89.1
overall index
$950/mo rent
OH
Toledo
91.5
overall index
$1,150/mo rent

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

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

Category Breakdown

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

🏠 Housing1.5%
Davenport
68.3
Toledo
67.3
🛒 Groceries0.6%
Davenport
94.2
Toledo
93.6
🚗 Transportation+5.8%
Davenport
98.2
Toledo
103.9
🏥 Healthcare+5.7%
Davenport
88.9
Toledo
94
Utilities+7.1%
Davenport
89.9
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$82,200
$2,200 more needed in Toledo

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×

Toledo, OH

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
67.3
Price-to-Rent Ratio
13.8×

Davenport has 1.5% lower housing costs compared to Toledo.

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

Toledo, OH

Median Household Income
$63,100
Per Capita Income
$36,000
Unemployment Rate
5.1%
Population
270,871
Top Industries
ManufacturingHealthcareGovernmentRetailEducation

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)

Toledo, OH
4.6×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.