Housing costs in Cedar Rapids?
A typical home costs
$170,000, which is 49.7% less expensive than the national average of
$338,100 and 12.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cedar Rapids costs
$960 per month, which is 3.2% more than the national average of
$930 and 6.3% more than the state average of
$900.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 52404), Iowa, a minimum annual income of
$32,400 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Cedar Rapids?
The cost of living in 52404 Cedar Rapids, IA is very affordable. According to BestPlaces, the cost of living index for Cedar Rapids is 79.84, which is significantly lower than the US average of 100. This means that on average goods and services are 20% cheaper than the national average. Furthermore, local housing prices are significantly lower than those found in many other parts of the country. The median home price in Cedar Rapids is $111,100, which is well below the national median home price of $219,700. All in all, Cedar Rapids is an ideal location for those looking to stretch their budget without sacrificing quality or convenience.