Cost of living in Davenport research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Davenport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Davenport is 90, with 100 being the average.
The cost of living index in Davenport is 0.9x lower than the national average.
Davenport ranks as the #91 cheapest in Florida out of 459.
Davenport ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Davenport is $234,600.
The median income in Davenport is $56,345.
According to the most recent data on the cost of living, Davenport has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Florida, Davenport has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Davenport ranks as #91 most affordable out of the 459 places we measured in Florida. By definition, that implies Davenport ranks as the #368 most expensive place in the Sunshine State.
For more reading on life in Davenport, check out:
Six factors go into calculating the cost of living index in Davenport. Here is how it fairs on each of the criteria:
The Services index in Davenport is 95.
The Groceries index in Davenport is 101.
The Health index in Davenport is 93.
The Housing index in Davenport is 74.
The Transportation index in Davenport is 97.
The Utilities index in Davenport is 100.
Living Expense | Davenport | Florida | National Average | |
---|---|---|---|---|
Overall | 90 | 101 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 93 | 96 | 100 | |
Housing | 74 | 108 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 100 | 100 | 100 |
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Davenport is $234,600.
The Median Rent in Davenport is $1,685.
The Median Income in Davenport is $56,345.
The Home Value To Income in Davenport is 4.2x.
The Rent To Monthly Income in Davenport is 0.36x.
Statistic | Davenport | Florida | United States |
---|---|---|---|
Median Home Value | $234,600 | $248,700 | $244,900 |
Median Rent | $1,685 | $1,301 | $1,163 |
Median Income | $56,345 | $61,777 | $69,021 |
Home Value To Income | 4.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.36x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Davenport. Here's a quick look at the cost of living in the most populous nearby places:
Kissimmee, FL has a cost of living index of 90, 1.0x Davenport.
Poinciana, FL has a cost of living index of 95, 1.1x Davenport.
Horizon West, FL has a cost of living index of 116, 1.3x Davenport.
City | Population | Cost Of Living | Vs. Davenport |
---|---|---|---|
Kissimmee, FL | 77,189 | 90 | 1.0x |
Poinciana, FL | 68,922 | 95 | 1.1x |
Horizon West, FL | 54,038 | 116 | 1.3x |
Four Corners, FL | 49,626 | 95 | 1.1x |
Winter Haven, FL | 48,707 | 89 | 1.0x |
Buenaventura Lakes, FL | 35,922 | 94 | 1.0x |
Hunters Creek, FL | 19,554 | 111 | 1.2x |
Lake Wales, FL | 16,173 | 88 | 1.0x |
Auburndale, FL | 15,704 | 90 | 1.0x |
Celebration, FL | 11,264 | 128 | 1.4x |