Cost of Living in Davenport, WA

With a cost of living index of 84, Davenport, WA is a very affordable place to live. Living here is 16% cheaper than the national average and 35% below the Washington state average of 119. Davenport is a small community of 1,819 residents.

Housing costs are the biggest factor in Davenport's cost of living. The median monthly rent is $783 (41% below the US median of $1,319), and the median home value sits at $302,500 (1% below the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Davenport is $74,764, which is 1% lower than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Davenport. The area sees an average annual temperature of 48.6°F, with summers averaging 68°F and winters around 31°F. Annual rainfall totals 16.5 inches spread over roughly 113 days.

Everyday prices in the Spokane-Spokane Valley, WA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.