Cost of Living in Cedar Rapids, IA
Cedar Rapids has a cost of living index of 85 (100 = national average), making it significantly more affordable than the national average. The median household income is $57,613 and the median home price is $185,000.
Compare Locations
Your current annual gross salary
Your current monthly rent or mortgage payment
Select two states and enter your salary to compare costs
Cedar Rapids at a Glance
Population
137,710
Cost of Living Index
85
Median Income
$57,613
Median Home Price
$185,000
Property Tax Rate
1.57%
Sales Tax Rate
7.00%
Rent Index
72
State
Iowa
Living in Cedar Rapids
Cedar Rapids offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $185,000 is well within reach for many families.
The combined sales tax rate in Cedar Rapids is 7.00%, and the effective property tax rate is 1.57%. Property taxes are above the national average, which is an important consideration for homebuyers.