CostIndexUSA

Cedar Rapids, IA vs Reading, PA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Cedar Rapids
89
overall index
$1,100/mo rent
PA
Reading
97.1
overall index
$1,400/mo rent

Cedar Rapids is moderately cheaper than Reading — 9.1% lower overall cost of living.

To match an $80,000 salary in Cedar Rapids, you would need $87,300 in Reading. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+19.6%
Cedar Rapids
71.4
Reading
85.4
🛒 Groceries+7.5%
Cedar Rapids
93.7
Reading
100.7
🚗 Transportation+5.1%
Cedar Rapids
97.6
Reading
102.6
🏥 Healthcare+5.1%
Cedar Rapids
88.3
Reading
92.8
Utilities+28.8%
Cedar Rapids
84
Reading
108.2

Salary Equivalency Calculator

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

$
Equivalent salary in Reading, PA
$87,300
$7,300 more needed in Reading

Formula: salary × (97.1 ÷ 89) = salary × 1.0910. 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×

Reading, PA

Median Home Price
$299,000
Median Monthly Rent
$1,400
Housing Index
85.4
Price-to-Rent Ratio
17.8×

Reading has 19.6% 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

Reading, PA

Median Household Income
$75,700
Per Capita Income
$43,100
Unemployment Rate
5%
Population
95,112
Top Industries
HealthcareManufacturingRetailEducationLogistics

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)

Reading, PA
4.5×income-to-rent ratio

78% 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.