Cost of Living: Waterloo, IA vs Davenport, IA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Waterloo, IA versus $4,184/mo in Davenport, IA. In the model, rent is about 13.06% of gross in Waterloo, IA versus 13.56% in Davenport, IA, so Waterloo, IA tends to feel more affordable for rent.

Take-home in Waterloo, IA
$4,184/mo
Income level: above
Take-home in Davenport, IA
$4,184/mo
Income level: near
Rent share (1BR) in Waterloo, IA
13.06%
COLI tier: mid-range
Rent share (1BR) in Davenport, IA
13.56%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Waterloo, IA and Davenport, IA.

At a glance

  • Cheaper overall (lower cost-of-living index): Davenport, IA
  • Lower rent (median 1BR/2BR): Waterloo, IA
  • Lower home prices: Waterloo, IA
  • Higher median household income: Davenport, IA

Cost of Living Index

Waterloo, IA: 100 (U.S. = 100) · Davenport, IA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Waterloo, IA: $852/mo (midpoint of 1BR/2BR) · Davenport, IA: $884/mo

Median rent in Davenport, IA is $32/mo higher than in Waterloo, IA.

Median Home Price

Waterloo, IA: $150,200 · Davenport, IA: $162,900

Median home price in Davenport, IA is $12,700 higher than in Waterloo, IA.

Median Household Income

Waterloo, IA: $56,344 · Davenport, IA: $64,497

Davenport, IA has a higher median household income than Waterloo, IA by $8,153.

Waterloo, IA overview · Davenport, IA overview · Popular comparisons