Davenport, FL vs Madeira Beach, FL
Davenport is moderately more affordable than Madeira Beach, with a 6.6% lower cost of living index. Davenport scores 146 compared to 156 for Madeira Beach, where the US average is 100. This difference means residents of Madeira Beach 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 $2,080/month in Madeira Beach — a 38% difference. Interestingly, home values tell a different story: while Madeira Beach has cheaper rent, Davenport actually has lower median home values ($297,000 vs $696,400).
Median household income in Davenport is $65,157 compared to $79,798 in Madeira Beach (-18.3%). While Madeira Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Davenport spend roughly 52.9% of their income on rent, more than the 31.3% in Madeira Beach. The Madeira Beach ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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