Housing costs in Cedar Rapids?
A typical home costs
$162,100, which is 52.1% less expensive than the national average of
$338,100 and 28.9% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Cedar Rapids costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 14.1% cheaper than the state average of
$970.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 68627), Nebraska, a minimum annual income of
$30,960 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Cedar Rapids?
The cost of living in 68627 Cedar Rapids, NE is generally very affordable. The median home price in the area is around $90,000 – significantly lower than the U.S. average. Rent prices in the area are also well below the national average, with a two bedroom apartment typically ranging from $600-$850 per month. Groceries and other essentials remain affordable as well, with the local consumer price index being just below the national average at approximately 95%. With many employment opportunities available throughout Cedar Rapids, NE, it's no surprise that this city is an attractive option for individuals and families looking to make their homes somewhere affordable and comfortable.