Cedar Falls, IA Cost of Living


7 Reviews



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Cedar Falls cost of living score
75.7
Less expensive
24.3% lower
than the US average
5.5% lower
than the Iowa average
Cedar Falls, Iowa gets a BestPlaces Cost of Living score of 75.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.3% lower than the U.S. average and 5.5% higher than the average for Iowa.

Cedar Falls, IA

Housing costs in Cedar Falls?
A typical home costs $226,000, which is 33.2% less expensive than the national average of $338,100 and 16.0% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Cedar Falls costs $1,060 per month, which is 25.9% cheaper than the national average of $1,430 and 12.3% more than the state average of $930.

Can I afford Cedar Falls?
To live comfortably in Cedar Falls, Iowa, a minimum annual income of $43,200 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Cedar Falls?
Cedar Falls, IA is an affordable place to live, with a cost of living that is well below the national average. The median household income in Cedar Falls is approximately $50,500 while the median home value is slightly over $130,000. This makes it easy to find a quality home at an affordable price. Additionally, grocery prices are low and the overall cost of daily living is reasonably priced. Overall, Cedar Falls provides its residents with an excellent quality of life and a reasonable cost of living.
   Cost of living score
     CategoriesCedar FallsIowaUnited States
  75.780.1100.0
  97.694.4100
  104.8108.2100.0
  67.455.4100.0
  $226,000$194,900$338,100
  98.1%98.5%100.0%
  61.271.4100.0
  105.496.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Cedar Falls
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Over 7 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Over 11 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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