Housing costs in Cedar Rapids?
A typical home costs
$188,400, which is 44.3% less expensive than the national average of
$338,100 and 3.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cedar Rapids costs
$1,010 per month, which is 8.6% more than the national average of
$930 and 10.9% more than the state average of
$900.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 52402), Iowa, a minimum annual income of
$36,000 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Cedar Rapids?
The cost of living in 52402 Cedar Rapids, IA is fairly reasonable compared to other places in the United States. The median home value is around $142,000 and the median rent for a one bedroom apartment is $705. This makes housing costs very affordable. Furthermore, the sales tax in Iowa is 6%, which is lower than many other states. Food costs are also low with groceries costing about 10% less than the national average. All in all, 52402 Cedar Rapids, IA has an overall cost of living that is quite competitive with other cities across the country and provides a great quality of life at an affordable price.