CostIndexUSA

Cedar Rapids, IA vs Champaign, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Cedar Rapids
89
overall index
$1,100/mo rent
IL
Champaign
92.7
overall index
$1,275/mo rent

Cedar Rapids is slightly cheaper than Champaign — 4.2% lower overall cost of living.

To match an $80,000 salary in Cedar Rapids, you would need $83,300 in Champaign. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing≈ Equal
Cedar Rapids
71.4
Champaign
71.6
🛒 Groceries≈ Equal
Cedar Rapids
93.7
Champaign
93.6
🚗 Transportation+7.2%
Cedar Rapids
97.6
Champaign
104.6
🏥 Healthcare+7.1%
Cedar Rapids
88.3
Champaign
94.6
Utilities+7.7%
Cedar Rapids
84
Champaign
90.5

Salary Equivalency Calculator

Enter your current salary in Cedar Rapids to see what you'd need to earn in Champaign to maintain the same purchasing power.

$
Equivalent salary in Champaign, IL
$83,300
$3,300 more needed in Champaign

Formula: salary × (92.7 ÷ 89) = salary × 1.0416. Based on BEA Regional Price Parities.

Housing Market

Cedar Rapids, IA

Median Home Price
$230,000
Median Monthly Rent
$1,100
Housing Index
71.4
Price-to-Rent Ratio
17.4×

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Income & Job Market

Cedar Rapids, IA

Median Household Income
$73,600
Per Capita Income
$42,000
Unemployment Rate
2.9%
Population
133,562
Top Industries
ManufacturingHealthcareFinanceTechnologyAgriculture

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cedar Rapids, IA
5.6×income-to-rent ratio

82% of income left after rent (median)

Champaign, IL
4.1×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.