Cost of Living: Cedar Rapids, IA vs Louisville, KY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Cedar Rapids, IA versus $4,254/mo in Louisville, KY. In the model, rent is about 13.47% of gross in Cedar Rapids, IA versus 15.98% in Louisville, KY, so Cedar Rapids, IA tends to feel more affordable for rent.

Take-home in Cedar Rapids, IA
$4,184/mo
Income level: near
Take-home in Louisville, KY
$4,254/mo
Income level: near
Rent share (1BR) in Cedar Rapids, IA
13.47%
COLI tier: mid-range
Rent share (1BR) in Louisville, KY
15.98%
COLI tier: lower-cost

Compare cost of living, rent, housing prices, and salary affordability between Cedar Rapids, IA and Louisville, KY.

At a glance

  • Cheaper overall (lower cost-of-living index): Louisville, KY
  • Lower rent (median 1BR/2BR): Cedar Rapids, IA
  • Lower home prices: Cedar Rapids, IA
  • Higher median household income: Cedar Rapids, IA

Cost of Living Index

Cedar Rapids, IA: 100 (U.S. = 100) · Louisville, KY: 86.8 (U.S. = 100)

Louisville, KY has a lower cost-of-living index than Cedar Rapids, IA, so a given salary generally stretches further there.

Median Rent

Cedar Rapids, IA: $879/mo (midpoint of 1BR/2BR) · Louisville, KY: $1,042/mo

Median rent in Louisville, KY is $163/mo higher than in Cedar Rapids, IA.

Median Home Price

Cedar Rapids, IA: $177,100 · Louisville, KY: $237,200

Median home price in Louisville, KY is $60,100 higher than in Cedar Rapids, IA.

Median Household Income

Cedar Rapids, IA: $67,859 · Louisville, KY: $67,849

Cedar Rapids, IA has a higher median household income than Louisville, KY by $10.

Cedar Rapids, IA overview · Louisville, KY overview · Popular comparisons