CostIndexUSA

Cedar Rapids, IA vs Fayetteville, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Cedar Rapids
89
overall index
$1,100/mo rent
AR
Fayetteville
91.4
overall index
$1,575/mo rent

Cedar Rapids is slightly cheaper than Fayetteville — 2.7% lower overall cost of living.

To match an $80,000 salary in Cedar Rapids, you would need $82,200 in Fayetteville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+7.7%
Cedar Rapids
71.4
Fayetteville
76.9
🛒 Groceries≈ Equal
Cedar Rapids
93.7
Fayetteville
93.6
🚗 Transportation+2.6%
Cedar Rapids
97.6
Fayetteville
100.1
🏥 Healthcare+2.5%
Cedar Rapids
88.3
Fayetteville
90.5
Utilities10.6%
Cedar Rapids
84
Fayetteville
75.1

Salary Equivalency Calculator

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

$
Equivalent salary in Fayetteville, AR
$82,200
$2,200 more needed in Fayetteville

Formula: salary × (91.4 ÷ 89) = salary × 1.0270. 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×

Fayetteville, AR

Median Home Price
$358,000
Median Monthly Rent
$1,575
Housing Index
76.9
Price-to-Rent Ratio
18.9×

Fayetteville has 7.7% higher housing costs compared to Cedar Rapids.

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

Fayetteville, AR

Median Household Income
$77,700
Per Capita Income
$44,300
Unemployment Rate
3.5%
Population
93,949
Top Industries
EducationHealthcareTechnologyRetailManufacturing

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)

Fayetteville, AR
4.1×income-to-rent ratio

76% 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.