City Comparison

Cedar Rapids vs Great Falls

Cost of Living Comparison · 2026

Cedar Rapids

Iowa
82
Very Affordable
$195,000
Median Home
$925/mo
Median Rent
$70,400
Median Income

Great Falls

Montana
88
Below Average
$325,000
Median Home
$1,050/mo
Median Rent
$55,800
Median Income

The Verdict

6.8%

Living in Cedar Rapids costs 6.8% less than Great Falls. To match the purchasing power of a $75,000 salary in Cedar Rapids, you would need $80,488 in Great Falls.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
65
Cedar Rapids
82
Great Falls
Groceries
99
Cedar Rapids
99
Great Falls
Utilities
95
Cedar Rapids
90
Great Falls
Transportation
92
Cedar Rapids
95
Great Falls
Healthcare
102
Cedar Rapids
92
Great Falls

Salary Equivalence

A $75,000 salary in Cedar Rapids has the same purchasing power as $80,488 in Great Falls.

Conversely, $75,000 in Great Falls equals $69,886 in Cedar Rapids.

Living in Cedar Rapids vs Great Falls

Housing Costs

Cedar Rapids's housing index of 65 is lower Great Falls's 82, translating to median home prices of $195,000 vs $325,000. The $130,000 difference in home prices means roughly $8,448 per year in additional mortgage costs at current rates. Renters face a similar gap: $925/mo in Cedar Rapids compared to $1,050/mo in Great Falls, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 99 in Cedar Rapids and 99 in Great Falls. A household spending the national average of $475/month on groceries would pay approximately $470/month in Cedar Rapids vs $470/month in Great Falls. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Cedar Rapids and 90 in Great Falls. Monthly utility bills average approximately $380 in Cedar Rapids vs $360 in Great Falls. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Cedar Rapids and 92 in Great Falls. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $70,400 in Cedar Rapids and $55,800 in Great Falls. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,854 and $63,409 respectively. Cedar Rapids residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,643/month to housing in Cedar Rapids vs $1,302/month in Great Falls. In Cedar Rapids, median rent of $925/mo fits within this budget. In Great Falls, median rent of $1,050/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 17 index points — focus your budget analysis there.

Frequently Asked Questions

Cedar Rapids is 6.8% more affordable overall with an index of 82 vs 88.
A $75,000 salary in Cedar Rapids has equivalent purchasing power to approximately $80,488 in Great Falls, based on the cost of living difference.
Cedar Rapids's housing index is 65 with median homes at $195,000, while Great Falls's is 82 with median homes at $325,000.

Moving & Relocation Resources

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