CostByCity

Anchorage, AK vs Cedar Rapids, IA

Cost of Living Comparison

Cedar Rapids, IA is more affordable by 16.5 index points

Side-by-Side Comparison

CategoryAnchorage, AKCedar Rapids, IADifference
Overall105.489.0+16.5
Housing109.971.4+38.5
Goods107.393.7+13.6
Utilities111.884.0+27.8
Other Services103.392.9+10.4

Income & Housing Comparison

MetricAnchorage, AKCedar Rapids, IA
Median Household Income$93,016$75,477
Median Home Value$344,500$186,900
Median Monthly Rent$1,375$863
Per Capita Income$44,553$40,558

Frequently Asked Questions

Is Anchorage, AK or Cedar Rapids, IA cheaper to live in?
Cedar Rapids, IA is more affordable. The cost of living difference is 16.5 index points (Anchorage, AK: 105.4, Cedar Rapids, IA: 89.0).
Where is housing cheaper, Anchorage, AK or Cedar Rapids, IA?
Housing is more affordable in Cedar Rapids, IA. Housing index: Anchorage, AK (109.9) vs Cedar Rapids, IA (71.4).