Cost of Living: New York, NY vs Cedar Rapids, IA (2026)

New York

New York
166
VS

Cedar Rapids

Iowa
65

New York is 155% more expensive than Cedar Rapids.

$1,779/mo ↑ 92%
Median Rent
$925/mo ↓ 48%
$79,713/yr ↑ 17%
Median Income
$67,859/yr ↓ 15%
$751,700 ↑ 324%
Home Value
$177,100 ↓ 76%
$1,837/mo ↑ 69%
Owner Costs
$1,084/mo ↓ 41%
8,516,202
Population
136,859

Tax Comparison

10.9%
Income Tax
5.7%
4.0%
State Sales Tax
6.0%
1.62%
Property Tax
1.57%

Affordability

26.8%
rent-to-income
Affordability
16.4%
rent-to-income

Detailed Comparison

When comparing New York, NY and Cedar Rapids, IA, the overall cost of living indices are 166 and 65 respectively (national median = 100). Rent is $854/month cheaper in Cedar Rapids, saving renters about $10,248/year.

Median household income is $11,854/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $177,100 in Cedar Rapids.

Iowa has a lower income tax rate, making Cedar Rapids slightly more tax-friendly.

Frequently Asked Questions

New York vs Cedar Rapids — common questions

Is New York or Cedar Rapids cheaper to live in?
Based on our cost index, Cedar Rapids is cheaper to live in with an index of 65 compared to 166 (US average = 100).
What is the rent difference between New York and Cedar Rapids?
Median rent in New York is $1,779/month and in Cedar Rapids it's $925/month — a difference of $854/month.
Which city has higher income, New York or Cedar Rapids?
Median household income is $79,713 in New York and $67,859 in Cedar Rapids. Median household income is $11,854/year higher in New York.
How do taxes compare between New York and Iowa?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Iowa has 5.7% income tax, 6.0% sales tax, and 1.57% property tax.
Should I move to New York or Cedar Rapids?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/mo, while Cedar Rapids has a cost index of 65 with rent of $925/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New York details → View Cedar Rapids details →

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