Housing costs in Cedar Rapids?
A typical home costs
$181,200, which is 46.4% less expensive than the national average of
$338,100 and 7.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cedar Rapids costs
$1,020 per month, which is 9.7% more than the national average of
$930 and 11.8% more than the state average of
$900.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 52405), Iowa, a minimum annual income of
$34,560 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Cedar Rapids?
The cost of living in 52405 Cedar Rapids, IA is relatively low compared to other cities in the United States. According to BestPlaces's Cost of Living Index, the average cost of living for a single person without rent is estimated at $1,206. Additionally, housing prices are low compared to many other areas of the country. The median home price is around $175,000 and rental prices range from around $850 for a one bedroom apartment to approximately $1,400 for a three bedroom apartment. While taxes are slightly higher than national averages, they are still quite manageable. All in all, the cost of living in Cedar Rapids is relatively affordable and provides an excellent quality of life for its residents.