Living Cost Compare
Davenport

Iowa

$960/mo est.

vs
Fargo

North Dakota

$960/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $960 in Davenport, IA versus $960 in Fargo, ND. The two are close overall, within a few percent of each other.

Median household income is $64,497 in Davenport, IA and $66,029 in Fargo, ND — about 2% higher in Fargo, ND. Iowa has a top state income tax rate of 3.80% and a 6% state sales tax; North Dakota has a top state income tax rate of 2.50% and a 5% state sales tax.

Rent

Studio
$726
$671
+8% in Davenport, IA
1 Bedroom
$777
$804
+3% in Fargo, ND
2 Bedroom
$962
$956
+1% in Davenport, IA
3 Bedroom
$1,117
$1,368
+22% in Fargo, ND

Buying a Home

Median Home Value
$162,900
$269,800
+66% in Fargo, ND

Income

Median Household Income
$64,497
$66,029
+2% in Fargo, ND
Metro Median Wage (annual)
$48,550
$51,050
+5% in Fargo, ND

People & Lifestyle

Median Age
37.8 yr
32.2 yr
+5.6 yr in Davenport, IA
Homeownership
63.0%
44.1%
+18.9 pp in Davenport, IA
Bachelor's+ (25+)
30.0%
43.2%
+13.2 pp in Fargo, ND
Avg Commute
18.7 min
15.8 min
+2.9 min in Davenport, IA

Crime (per 100k/yr)

Violent Crime
581.4
504.9
+13% in Davenport, IA
Property Crime
3,559.6
3,726.4
+5% in Fargo, ND

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
49.3°F
42.4°F
+6.9°F in Davenport, IA
Annual Precipitation
36.0 in
22.6 in
+13.5 in in Davenport, IA

Gas

Regular Gasoline
$3.85/gal
$3.85/gal
about equal

Area: Midwest (PADD 2) vs Midwest (PADD 2).

Utilities

Electricity (¢/kWh)
15.9
14.1
+11% in Davenport, IA
Natural Gas ($/MCF)
$22.16
$18.21
+18% in Davenport, IA

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.31
$4.31
about equal
Bread (lb)
$1.66
$1.66
about equal
Eggs (doz)
$3.63
$3.63
about equal
Ground Beef (lb)
$6.77
$6.77
about equal
Chicken (lb)
$2.10
$2.10
about equal
Bananas (lb)
$0.62
$0.62
about equal

Average prices — Midwest vs Midwest (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (IA / ND)
6%
5%
+1.0 pp in IA
Income Tax (top rate)
3.80%
2.50%
+1.3 pp in IA

Davenport vs Fargo — FAQ

Is it cheaper to live in Davenport or Fargo?
They're close. Davenport, IA runs about $960 a month and Fargo, ND about $960 (1BR rent + utilities) — within a few percent of each other.
How much more do you need to earn to live in Davenport than in Fargo?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $31,000 a year in Davenport versus $32,000 in Fargo.
Which has lower taxes, Davenport or Fargo?
Davenport is taxed under Iowa's rules (a top state income tax rate of 3.80% and a 6% state sales tax); Fargo under North Dakota's (a top state income tax rate of 2.50% and a 5% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).