Cost of Living: Davenport, IA vs Melbourne, FL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Davenport, IA versus $4,516/mo in Melbourne, FL. In the model, rent is about 13.56% of gross in Davenport, IA versus 20.55% in Melbourne, FL, so Davenport, IA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Davenport, IA and Melbourne, FL.
At a glance
- Cheaper overall (lower cost-of-living index): Melbourne, FL
- Lower rent (median 1BR/2BR): Davenport, IA
- Lower home prices: Davenport, IA
- Higher median household income: Melbourne, FL
Cost of Living Index
Davenport, IA: 100 (U.S. = 100) · Melbourne, FL: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Davenport, IA: $884/mo (midpoint of 1BR/2BR) · Melbourne, FL: $1,341/mo
Median rent in Melbourne, FL is $457/mo higher than in Davenport, IA.
Median Home Price
Davenport, IA: $162,900 · Melbourne, FL: $272,900
Median home price in Melbourne, FL is $110,000 higher than in Davenport, IA.
Median Household Income
Davenport, IA: $64,497 · Melbourne, FL: $64,504
Melbourne, FL has a higher median household income than Davenport, IA by $7.
Davenport, IA overview · Melbourne, FL overview · Popular comparisons