Cost of Living in Davenport: A Comprehensive Guide

Cost of Living in Davenport: A Comprehensive Guide

Introduction

Davenport, Iowa, is a city located in the Midwest region of the United States. It is known for its beautiful riverfront, historic architecture, and vibrant downtown area. If you are considering moving to Davenport, it is important to understand the cost of living in the city. In this comprehensive guide, we will explore the various factors that contribute to the cost of living in Davenport.

Housing Costs in Davenport

One of the biggest expenses for most people is housing. In Davenport, the median home price is $141,000, which is lower than the national median home price of $231,000. The average rent for a one-bedroom apartment in Davenport is $700 per month, while a two-bedroom apartment costs around $900 per month. These prices are lower than the national average, making Davenport an affordable place to live.

Transportation Costs in Davenport

Transportation costs in Davenport are also relatively low. The average cost of a gallon of gas in Davenport is $2.50, which is lower than the national average of $2.87. The city also has a reliable public transportation system, with bus fares starting at $1.50 per ride. If you prefer to bike, Davenport has an extensive network of bike trails that make it easy to get around the city.

Food and Grocery Costs in Davenport

Food and grocery costs in Davenport are also affordable. The city has a variety of grocery stores, including Hy-Vee, Aldi, and Walmart, which offer competitive prices on food and household items. The average cost of a meal at a mid-range restaurant in Davenport is $12, which is lower than the national average of $15.

Healthcare Costs in Davenport

Healthcare costs in Davenport are also relatively low. The city has several hospitals and medical centers, including Genesis Health System and UnityPoint Health, which offer high-quality healthcare services at affordable prices. The average cost of a doctor’s visit in Davenport is $100, which is lower than the national average of $150.

FAQs

1. Is Davenport an affordable place to live?

Yes, Davenport is an affordable place to live. Housing, transportation, food, and healthcare costs are all relatively low compared to the national average.

2. What is the average rent for an apartment in Davenport?

The average rent for a one-bedroom apartment in Davenport is $700 per month, while a two-bedroom apartment costs around $900 per month.

3. What is the average cost of a meal at a mid-range restaurant in Davenport?

The average cost of a meal at a mid-range restaurant in Davenport is $12, which is lower than the national average of $15.

Conclusion

In conclusion, Davenport is an affordable place to live, with relatively low housing, transportation, food, and healthcare costs. If you are considering moving to Davenport, this comprehensive guide should give you a good idea of what to expect in terms of the cost of living. With its beautiful riverfront, historic architecture, and vibrant downtown area, Davenport is a great place to call home.

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.