CostIndexUSA

Cedar Rapids, IA vs Jackson, MS Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIA
Cedar Rapids
89
overall index
$1,100/mo rent
MS
Jackson
89
overall index
$1,500/mo rent

Cedar Rapids and Jackson have nearly identical costs of living.

Category Breakdown

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

🏠 Housing9.2%
Cedar Rapids
71.4
Jackson
64.8
🛒 Groceries+2.7%
Cedar Rapids
93.7
Jackson
96.2
🚗 Transportation+3.4%
Cedar Rapids
97.6
Jackson
100.9
🏥 Healthcare+3.4%
Cedar Rapids
88.3
Jackson
91.3
Utilities7.0%
Cedar Rapids
84
Jackson
78.1

Salary Equivalency Calculator

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

$
Equivalent salary in Jackson, MS
$80,000
Same salary works in both cities

Formula: salary × (89 ÷ 89) = salary × 1.0000. 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×

Jackson, MS

Median Home Price
$205,000
Median Monthly Rent
$1,500
Housing Index
64.8
Price-to-Rent Ratio
11.4×

Cedar Rapids has 9.2% lower housing costs compared to Jackson.

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

Jackson, MS

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
153,701
Top Industries
GovernmentHealthcareRetailManufacturingEducation

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)

Jackson, MS
3.3×income-to-rent ratio

69% 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.