Overall
89.0
Cheap
Metro cost profile · 2024 BEA RPP
Cost-of-living indicators for Cedar Rapids, IA, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.
Cedar Rapids ranks #312 of 387 U.S. metros by cost, and its overall price index has fallen 3.9 points since 2008.
The verdict
Cedar Rapids costs less than 81% of U.S. metros, an overall index of 89.0, 11.0% below the national average, with rents the biggest swing at 71.4.
A $100,000 national salary carries the purchasing power of about $112,406 here; matching a $100K lifestyle takes roughly $88,963.
Latest BEA release change
Cedar Rapids's overall RPP fell -1.0 points, from 90.0 in 2023 to 89.0 in 2024. The largest category movement was services, changing from 88.8 to 84.0. This is a relative change against the national benchmark, not a household's dollar bill.
The cost of living has been trending downward, decreasing by 3.9 points over this period. The largest single-year move was in 2013, when the index dropped 4.1 points from the year before, a bigger swing than the full 2008-2024 change.
Every year on record, national average = 100
| Year | Overall |
|---|---|
| 2008 | 92.9 |
| 2009 | 93.4 |
| 2010 | 93.5 |
| 2011 | 92.7 |
| 2012 | 93.7 |
| 2013 | 89.7 |
| 2014 | 92.5 |
| 2015 | 92.4 |
| 2016 | 91.1 |
| 2017 | 91.7 |
| 2018 | 92.3 |
| 2019 | 92.1 |
| 2020 | 91.2 |
| 2021 | 92.0 |
| 2022 | 90.0 |
| 2023 | 90.0 |
| 2024 | 89.0 |
Housing-led affordability profile
Housing is the strongest affordability offset in Cedar Rapids: rents index at 71.4, the component furthest below the national benchmark. That does not make every local expense low, but it is the clearest explanation for the metro's overall RPP of 89.0.
Across all reported metros, the closest component-profile matches are Beaumont-Port Arthur, TX, El Paso, TX, Fort Wayne, IN. They resemble Cedar Rapids across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.
Across 2008-2024, Cedar Rapids's overall index has fallen by 3.9 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.
Cedar Rapids vs every U.S. metro
Where this metro sits in the national cost distribution
89 Bottom 19% higher than 19% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024
BEA RPP by category, 100 = national average
Rents
71.4 RPP
Services
84 RPP
Overall
89 RPP
Goods
93.7 RPP
What this shows Cedar Rapids's cost structure is housing-led: rents at 71.4 depart furthest from 100, while services sits at 84.0. This is a rent-sensitive profile, not a claim that every local expense moves together.
Metros near Cedar Rapids's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Overall
89.0
Cheap
Goods
93.7
Below avg
Services
84.0
Cheap
Rents
71.4
Cheap
A $100,000 salary at the national average cost of living equals:
in Cedar Rapids, IA purchasing power
Use the salary calculator for custom amounts.
How far the median local paycheck goes here, combining income and housing cost
A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.
IA-relative analysis
Among the 8 IA metros PlainCost tracks with reported goods prices data, Cedar Rapids, IA ranks #3 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Cedar Rapids, IA only against its own state's metros, not the full US field.
Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within IA only, not a livability score.
Two BEA RPP-derived peer sets for Cedar Rapids, IA: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.
Nearest metros by overall regional price parity (89.0 here).
Nearest metros by rents regional price parity (71.4 here).
View all IA metros → Cheapest in IA → Most expensive in IA →
Decision peers
These metros are closest to Cedar Rapids's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.
These metros have an overall RPP closest to Cedar Rapids, IA's index of 89.0.
Showing the 6 closest of 387 metro areas tracked nationally.
Shareable data card
Download the data card or share this exact metro record. The card uses the same BEA-derived values shown above.
Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.
What this means for Cedar Rapids
How to read Cedar Rapids's cost of living before a move, a job offer, or a budget.
RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.
Cedar Rapids, IA has a Regional Price Parity (RPP) index of 89.0, meaning it is 11.0% less expensive than the national average. Goods are indexed at 93.7, services at 84.0, and rents at 71.4. It ranks #312 out of 387 U.S. metro areas by overall cost.
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $88,963 in Cedar Rapids, IA. Conversely, $100K earned in Cedar Rapids, IA has the purchasing power of $112,406 at the national average.
Rents in Cedar Rapids, IA are indexed at 71.4, which is 28.6% below the national average. This makes the area relatively affordable for renters.
From 2008 to 2024, Cedar Rapids, IA's overall cost index changed by -3.9 points (from 92.9 to 89.0). The cost of living has been declining.
The priciest category in Cedar Rapids, IA is goods at 93.7, 6.3% below the national average, still the highest of the three categories. The most affordable category is rents at 71.4, 28.6% below average.
Metros with the most similar overall cost index include Wichita, Pocatello, Weirton-Steubenville. These areas have RPP values within a few points of Cedar Rapids, IA's 89.0.
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.