Cedar Rapids, IA vs Davenport, IA

Cedar Rapids, IA and Davenport, IA have a very similar cost of living, with only a 1.8% difference in their overall index. Cedar Rapids scores 74 while Davenport scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cedar Rapids is $925/month compared to $930/month in Davenport — a 1% difference. Interestingly, home values tell a different story: while Cedar Rapids has cheaper rent, Davenport actually has lower median home values ($162,900 vs $177,100).

Median household income in Cedar Rapids is $67,859 compared to $64,497 in Davenport (+5.2%). While Cedar Rapids is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedar Rapids spend roughly 16.4% of their income on rent, less than the 17.3% in Davenport.