CostIndexUSA

Cedar Rapids, IA vs Fayetteville, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Cedar Rapids
89
overall index
$1,100/mo rent
NC
Fayetteville
92
overall index
$1,475/mo rent

Cedar Rapids is slightly cheaper than Fayetteville — 3.4% lower overall cost of living.

To match an $80,000 salary in Cedar Rapids, you would need $82,700 in Fayetteville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+2.4%
Cedar Rapids
71.4
Fayetteville
73.1
🛒 Groceries+3.1%
Cedar Rapids
93.7
Fayetteville
96.6
🚗 Transportation+5.6%
Cedar Rapids
97.6
Fayetteville
103.1
🏥 Healthcare+5.7%
Cedar Rapids
88.3
Fayetteville
93.3
Utilities+4.5%
Cedar Rapids
84
Fayetteville
87.8

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, NC
$82,700
$2,700 more needed in Fayetteville

Formula: salary × (92 ÷ 89) = salary × 1.0337. 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, NC

Median Home Price
$251,000
Median Monthly Rent
$1,475
Housing Index
73.1
Price-to-Rent Ratio
14.2×

Fayetteville has 2.4% 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, NC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
6.5%
Population
208,501
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

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, NC
3.5×income-to-rent ratio

71% 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.