Cost of Living: Salem, OR vs Davenport, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Davenport |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $415,000 | $205,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1250 |
Housing Comparison: Salem vs Davenport
- In Salem, the median home price is higher at $415,000, while in Davenport it is $205,000.
- Renting a two-bedroom apartment costs more in Salem at $1,800 than in Davenport at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salem | Davenport |
|---|---|---|
| Electricity Price | $15.12 | $14.82 |
| Natural Gas Price | $16.5 | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Salem vs Davenport
- Electricity costs are higher in Salem at $15.12 per kWh, compared to $14.82 in Davenport.
- Natural gas is more expensive in Salem at $16.5 per unit, while it is cheaper at $15.61 in Davenport.
- Utility expenses are equal in both Salem and Davenport averaging $250.