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Cost of Living in Davis County

Is it better to rent or buy in Davis County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$78,025
$873/mo

Median in area: $873

$161,387

Median in area: $161,387

$32,277

If you Rent

🔑
$1,185 /mo
Base Rent$873
Est. Utilities$312
% of Income18.2%
Pre-tax Residual$5,317

If you Buy

🏠
$1,443 /mo
P&I (7.243%)$880
Taxes & Ins$251
Est. Utilities$312
% of Income22.2%
Pre-tax Residual$5,059

Compare Nearby Areas

See how Davis County stacks up against neighboring areas.

countyScotland County, MO
$511/mo
countySchuyler County, MO
$379/mo
countyVan Buren County, IA
$693/mo
countyAppanoose County, IA
$794/mo
countyWapello County, IA
$947/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Davis County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Davis County. The estimated all-in monthly cost for renting is $1,185, while owning a median-priced home with a 20% down payment is roughly $1,443 per month (a difference of $258).

How much do utilities cost in Davis County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Davis County is approximately $312. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Davis County?›

To comfortably afford the median rent and utilities in Davis County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $47,400 per year.