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 105, with 100 being the average.
The cost of living index in Davenport is 1.1x higher than the national average.
Davenport ranks as the #205 cheapest in Florida out of 459.
Davenport ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Davenport is $347,962.
The median income in Davenport is $65,157.
According to the most recent data on the cost of living, Davenport has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Florida, Davenport has a cost of living index that's 1.1x higher than Florida's index of 100.
The standard of living in Davenport ranks as #205 most affordable out of the 459 places we measured in Florida. By definition, that implies Davenport ranks as the #254 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 99.
The Groceries index in Davenport is 96.
The Health index in Davenport is 92.
The Housing index in Davenport is 120.
The Transportation index in Davenport is 96.
The Utilities index in Davenport is 91.
| Living Expense | Davenport | Florida | National Average | |
|---|---|---|---|---|
| Overall | 105 | 100 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 96 | 97 | 100 | |
| Health | 92 | 95 | 100 | |
| Housing | 120 | 96 | 100 | |
| Transportation | 96 | 101 | 100 | |
| Utilities | 91 | 99 | 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 2019-2023. The key points are:
The Median Home Value in Davenport is $347,962.
The Median Rent in Davenport is $2,875.
The Median Income in Davenport is $65,157.
The Home Value To Income in Davenport is 5.3x.
The Rent To Monthly Income in Davenport is 0.53x.
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 102, 1.0x Davenport.
Poinciana, FL has a cost of living index of 102, 1.0x Davenport.
Horizon West, FL has a cost of living index of 128, 1.2x Davenport.
| City | Population | Cost Of Living | Vs. Davenport |
|---|---|---|---|
| Kissimmee, FL | 79,504 | 102 | 1.0x |
| Poinciana, FL | 71,665 | 102 | 1.0x |
| Horizon West, FL | 62,152 | 128 | 1.2x |
| Four Corners, FL | 60,443 | 105 | 1.0x |
| Winter Haven, FL | 52,846 | 97 | 0.9x |
| Buenaventura Lakes, FL | 32,310 | 106 | 1.0x |
| Hunters Creek, FL | 21,255 | 119 | 1.1x |
| Auburndale, FL | 17,438 | 96 | 0.9x |
| Lake Wales, FL | 16,365 | 98 | 0.9x |
| Celebration, FL | 13,150 | 137 | 1.3x |