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Cost of living in Cedar Rapids, IA vs US average (2024)

Quick answer

Prices in Cedar Rapids, IA were 11.0% below the US average in 2024 (Regional Price Parity 89.0, US = 100), with a housing-rent index of 71.4, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items88.963
Goods93.730
Housing (rents)71.447
Utilities83.981
Other services92.927
— All items by year —
202488.963
202389.986
202289.963
202191.986
202091.226
201992.072

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Last updated 2026-10-16. Data only, not financial or tax advice.

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