Housing costs in Cedar Rapids?
A typical home costs
$117,500, which is 65.2% less expensive than the national average of
$338,100 and 39.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cedar Rapids costs
$840 per month, which is 9.7% cheaper than the national average of
$930 and 7.1% cheaper than the state average of
$900.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 52401), Iowa, a minimum annual income of
$22,680 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Cedar Rapids?
The cost of living in 52401 Cedar Rapids, IA is relatively affordable. According to Best Places, the cost of living index is about 8% lower than the U.S. average and the median home price is around $134,500. As a result, housing costs remain relatively low and are affordable for many individuals. Other costs such as groceries, utilities and transportation are also generally lower than the national average. In summary, 52401 Cedar Rapids, IA offers a comfortable lifestyle at an affordable price compared to many other areas in the United States.