Davenport, FL vs East Lake, FL

East Lake is moderately more affordable than Davenport, with a 12.7% lower cost of living index. Davenport scores 146 compared to 129 for East Lake, where the US average is 100. This difference means residents of Davenport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Davenport is $2,875/month compared to $1,844/month in East Lake — a 56% difference. Interestingly, home values tell a different story: while East Lake has cheaper rent, Davenport actually has lower median home values ($297,000 vs $457,300).

Median household income in Davenport is $65,157 compared to $93,862 in East Lake (-30.6%). East Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Davenport spend roughly 52.9% of their income on rent, more than the 23.6% in East Lake. The East Lake ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.