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Cedar Rapids, IA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
50
Very Affordable
Median Home Value
$177,100
National: $426,735
Median Rent
$925/mo
National: $1,527/mo
Household Income
$67,859
National: $84,532
Population
136,859
Purchasing Power
161
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
42 / 100
100 = national average
Rent Index
61 / 100
Overall Index
50
Very Affordable

Cedar Rapids Mortgage Calculator

Pre-filled with the local median home value of $177,100 and Iowa's property tax rate of 1.57%.

Salary & Purchasing Power

Median household income is $67,859 20% below the national average.

What $67,859 in Cedar Rapids Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$204,934+202%
Los Angeles, CA$230,721+240%
Detroit, MI$54,287-20%

Property Tax in Cedar Rapids, IA

Est. Annual Property Tax
$2,780
Monthly Impact
$232
Added to your mortgage
Effective Rate
1.57%
National avg: ~1.00%

Iowa Tax Overview

Tax TypeIowaNational Avg
Property Tax Rate1.57%1.00%
Top Income Tax Rate5.7%~5.0%
State Sales Tax6.94%~5.0%

Compare Cedar Rapids to Another City

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Cost of Living Comparison

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Cedar Rapids, IA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Cedar Rapids, IA: 42
Rent Prices
61
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR