Cost of Living in Cedar Rapids, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.1
100 = national avg
-23.9 vs national average
Living Wage (1 Adult)
$33,500
per year
Living Wage (Family of 4)
$79,182
per year
Cost Index by Category
Housing63.6
Food88.3
Transportation76.6
Healthcare90.6
Utilities85.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$961
per month
The overall cost of living index in Cedar Rapids is 76.1, which is 23.9% below the national average. Housing costs are below the national average at an index of 63.6. A single adult needs to earn approximately $33,500 per year to cover basic expenses.