Housing costs in Cedar Rapids?
A typical home costs
$399,000, which is 18.0% more expensive than the national average of
$338,100 and 104.7% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cedar Rapids costs
$1,150 per month, which is 23.7% more than the national average of
$930 and 21.7% more than the state average of
$900.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 52411), Iowa, a minimum annual income of
$76,320 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Cedar Rapids?
Cedar Rapids, IA (zip code 52411) is an affordable place to live. The cost of living in the city is 11% lower than the US average, making it a great option for those looking to save on expenses. The median home value is $115,000, making it more inexpensive than many other cities across the country. Additionally, groceries and health care are both significantly cheaper than the national average, making Cedar Rapids even more appealing to those on a tight budget. Overall, Cedar Rapids offers an affordable lifestyle that will make financial planning easier and provide residents with plenty of money-saving opportunities.