CostIndexUSA

Cedar Rapids, IA vs Ocala, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Cedar Rapids
89
overall index
$1,100/mo rent
FL
Ocala
95.2
overall index
$1,600/mo rent

Cedar Rapids is moderately cheaper than Ocala — 7.0% lower overall cost of living.

To match an $80,000 salary in Cedar Rapids, you would need $85,600 in Ocala. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+20.7%
Cedar Rapids
71.4
Ocala
86.2
🛒 Groceries+2.7%
Cedar Rapids
93.7
Ocala
96.2
🚗 Transportation+6.4%
Cedar Rapids
97.6
Ocala
103.8
🏥 Healthcare+6.3%
Cedar Rapids
88.3
Ocala
93.9
Utilities+3.7%
Cedar Rapids
84
Ocala
87.1

Salary Equivalency Calculator

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

$
Equivalent salary in Ocala, FL
$85,600
$5,600 more needed in Ocala

Formula: salary × (95.2 ÷ 89) = salary × 1.0697. 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×

Ocala, FL

Median Home Price
$271,000
Median Monthly Rent
$1,600
Housing Index
86.2
Price-to-Rent Ratio
14.1×

Ocala has 20.7% 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

Ocala, FL

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
63,591
Top Industries
HealthcareEquestrianManufacturingRetailAgriculture

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)

Ocala, FL
3.1×income-to-rent ratio

67% 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.