Cedar Rapids cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCedar RapidsIowaNational
Cost of living index9088100
IndexCedar RapidsIowaNational
Goods & Services index9393100
Groceries index9495100
Health care index10296100
Housing index7773100
Transportation index9297100
Utilities index10799100
Displayed above is a general overview of the Cedar Rapids, IA cost of living index. The overall cost of living index in Cedar Rapids, IA is 90, which is 1% higher than the Iowa average and 10% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Cedar Rapids, IA are 1% lower than the Iowa average and 7% lower than the national average.

Did you know?

  • The cost of living in Cedar Rapids is 1% higher than the Iowa average.
  • The cost of living in Cedar Rapids is 10% lower than the national average.
  • The cost of housing in Cedar Rapids is 23% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

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Compare Cedar Rapids, IA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Cedar Rapids, IA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Cedar Rapids, IA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Cedar Rapids, IA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$67,668$5,639$1,579$2,030
Renters$29,056$2,421$678$872
One can approximate the cost of living and the housing affordability in Cedar Rapids, IA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Cedar Rapids, IA have a median income of $67,668. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,579 per month to avoid calamity and poverty. The renters in the city have an income of about $29,056, which would make their monthly maximum allowable rental costs $678.

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%
When assessing the complete cost of living in Cedar Rapids, IA, the Iowa income tax and the Iowa sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Iowa maximum surtax is 7%, and the Iowa sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.36% to 8.98% in Iowa.

Goods & Services

ItemCedar RapidsNational avg.Difference
Haircut $11.50$14.5921.2%
Beauty Salon $38.75$34.6811.7%
Toothpaste $2.48$2.470.3%
Shampoo $1.16$1.0213.5%
Movie $9.88$9.870.1%
Bowling $3.75$4.3914.6%

Groceries

ItemCedar RapidsNational avg.Difference
Ground Beef $4.64$4.483.6%
Fried Chicken $1.53$1.464.5%
Milk $2.42$2.362.7%
Potatoes $2.91$3.064.9%
Pizza $8.00$9.2413.4%
Beer $7.75$8.6310.2%

Health Care

ItemCedar RapidsNational avg.Difference
Optometrist $130.25$99.7830.5%
Doctor $128.75$105.0322.6%
Dentist $76.75$88.7013.5%
Ibuprofen $7.98$9.4115.2%
Lipitor $302.31$298.501.3%

Housing

ItemCedar RapidsNational avg.Difference
Home Price $134,600.00$175,700.0023.4%
Avg. Mortgage Payment $934.42$1,081.0313.6%
Apartment Rent $702.00$920.0023.7%

Transportation

ItemCedar RapidsNational avg.Difference
Gasoline $1.90$2.099.2%
Tire Balancing $42.65$45.295.8%

Utilities

ItemCedar RapidsNational avg.Difference
All Electricity$183.67$170.807.5%
Phone $29.99$28.266.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
West Amana, IA22284-16%
South Amana, IA16085-15%
Norway, IA58186-14%
Springville, IA1,02186-14%
Newhall, IA95688-12%
Cedar Rapids, IA128,00990-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Thousand Oaks, CA128,12616666%
Waco, TX127,79684-16%
Topeka, KS127,66087-13%
East Los Angeles, CA127,61012121%
Miramar, FL128,4141099%
Cedar Rapids, IA128,00990-10%
Source: The Cedar Rapids, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.