Housing costs in Cedar Rapids?
A typical home costs
$176,300, which is 47.9% less expensive than the national average of
$338,100 and 9.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cedar Rapids costs
$880 per month, which is 5.4% cheaper than the national average of
$930 and 2.3% cheaper than the state average of
$900.
Can I afford Cedar Rapids?
To live comfortably in Cedar Rapids (zip 52403), Iowa, a minimum annual income of
$33,840 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Cedar Rapids?
The cost of living in 52403 Cedar Rapids, IA is relatively low compared to the national average. Living expenses such as housing, utilities, groceries and transportation are all lower than the national average. This makes it a great choice for budget-conscious individuals or families looking to settle down in an area with affordable living expenses. Renters can expect to pay an average of $730 per month for a one-bedroom apartment and $1,011 for a two-bedroom unit. Utilities are also generally inexpensive, with electricity costing approximately $111 per month on average. Groceries typically cost around 12% less than the national average and transportation costs are also comparatively low, making Cedar Rapids a great city for those seeking affordability without sacrificing quality of life.