Living Cost Compare
Cedar Rapids

Iowa

$900/mo est.

vs
New York City

New York

$2,010/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $900 in Cedar Rapids, IA versus $2,010 in New York City, NY. Overall, Cedar Rapids, IA is roughly 55% cheaper to live in day-to-day than New York City, NY, driven mainly by rent.

Median household income is $67,859 in Cedar Rapids, IA and $79,713 in New York City, NY — about 15% higher in New York City, NY. Iowa has a top state income tax rate of 3.80% and a 6% state sales tax; New York has a top state income tax rate of 10.90% and a 4% state sales tax.

Rent

Studio
$659
$1,633
+148% in New York City, NY
1 Bedroom
$716
$1,705
+138% in New York City, NY
2 Bedroom
$997
$1,781
+79% in New York City, NY
3 Bedroom
$1,335
$2,065
+55% in New York City, NY

Buying a Home

Median Home Value
$177,100
$751,700
+324% in New York City, NY

Income

Median Household Income
$67,859
$79,713
+17% in New York City, NY
Metro Median Wage (annual)
$49,360
$61,430
+24% in New York City, NY

People & Lifestyle

Median Age
36.9 yr
38.0 yr
+1.1 yr in New York City, NY
Homeownership
68.2%
32.8%
+35.4 pp in Cedar Rapids, IA
Bachelor's+ (25+)
32.9%
41.0%
+8.1 pp in New York City, NY
Avg Commute
18.2 min
40.6 min
+22.4 min in New York City, NY

Crime (per 100k/yr)

Violent Crime
264.5
694
+162% in New York City, NY
Property Crime
2,726
2,415.4
+11% in Cedar Rapids, IA

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
48.2°F
55.0°F
+6.8°F in New York City, NY
Annual Precipitation
34.6 in
49.9 in
+15.3 in in New York City, NY

Gas

Regular Gasoline
$3.85/gal
$4.08/gal
+6% in New York City, NY

Area: Midwest (PADD 2) vs New York City.

Public Transit

Base Fare (one-way)
$3.00

Adult base one-way fare — vs MTA (2026).

Utilities

Electricity (¢/kWh)
15.9
29.5
+85% in New York City, NY
Natural Gas ($/MCF)
$22.16
$27.01
+22% in New York City, NY

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.31
$4.31
about equal
Bread (lb)
$1.66
$1.92
+16% in New York City, NY
Eggs (doz)
$3.63
$2.19
+40% in Cedar Rapids, IA
Ground Beef (lb)
$6.77
$6.90
+2% in New York City, NY
Chicken (lb)
$2.10
$2.19
+4% in New York City, NY
Bananas (lb)
$0.62
$0.69
+12% in New York City, NY

Average prices — Midwest vs Northeast (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (IA / NY)
6%
4%
+2.0 pp in IA
Income Tax (top rate)
3.80%
10.90%
+7.1 pp in NY

Cedar Rapids vs New York City — FAQ

Is it cheaper to live in Cedar Rapids or New York City?
Cedar Rapids, IA is cheaper. Its monthly baseline of $900 (1BR rent + utilities) runs about 55% below New York City, NY's $2,010, mainly because of rent.
How much more do you need to earn to live in Cedar Rapids than in New York City?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $29,000 a year in Cedar Rapids versus $68,000 in New York City.
Which has lower taxes, Cedar Rapids or New York City?
Cedar Rapids is taxed under Iowa's rules (a top state income tax rate of 3.80% and a 6% state sales tax); New York City under New York's (a top state income tax rate of 10.90% and a 4% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).