Cost of Living in Cedar Rapids, IA
2024 data from the Bureau of Economic Analysis
Cost Index
89.0
11.0% below avg
Housing Index
71.4
Median Income
$75,477
Median Rent
$863/mo
Cost Breakdown
Overall89.0 (-11.0%)
Housing71.4 (-28.6%)
Goods93.7 (-6.3%)
Utilities84.0 (-16.0%)
Other Services92.9 (-7.1%)
National average = 100
Income & Housing
Median Household Income
$75,477/year
Median Home Value
$186,900
Median Monthly Rent
$863/mo
Per Capita Income
$40,558/year
Compare Cedar Rapids, IA With
Cedar Rapids, IA vs Wichita, KSCedar Rapids, IA vs Pocatello, IDCedar Rapids, IA vs Weirton, WVCedar Rapids, IA vs Jackson, MSCedar Rapids, IA vs Mansfield, OHCedar Rapids, IA vs Davenport, IACedar Rapids, IA vs Ames, IACedar Rapids, IA vs Topeka, KSCedar Rapids, IA vs Duluth, MNCedar Rapids, IA vs Rapid City, SD
Frequently Asked Questions
Is Cedar Rapids, IA expensive to live in?
Cedar Rapids, IA has a cost of living index of 89.0, which is 11.0% below the national average.
How much does housing cost in Cedar Rapids, IA?
Housing costs in Cedar Rapids, IA are indexed at 71.4 compared to the national average of 100. The median monthly rent is $863.
What is the average income in Cedar Rapids, IA?
The median household income in Cedar Rapids, IA is $75,477 per year.
What is the average home price in Cedar Rapids, IA?
The median home value in Cedar Rapids, IA is $186,900.