Here's what it costs to live in Cedar Falls, Iowa, based on the latest US government data. Renters pay a median of $1,203 per month, while the typical home is valued around $263,600. Households earn a median of $76,987 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$76,987
Annual · Census ACS
Median Gross Rent
$1,203
Per month · Census ACS
Median Home Value
$263,600
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$725
HUD Fair Market Rent
1BR Fair Market Rent
$801
HUD FMR
2BR Fair Market Rent
$1,051
HUD FMR
3BR Fair Market Rent
$1,357
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
40,888
Latest estimate
Median Age
29.3 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
21
0–100 scale
Avg Median Rent
$780
Per month
Avg Home Value
$218,667
Census ACS
January Avg
18°F
July Avg
73°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
51.4
fair
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
97.0%
What is the cost of living index for Cedar Falls?
The cost of living index for Cedar Falls is not yet available in our database.
What is the median rent in Cedar Falls?
The median gross rent in Cedar Falls is $1,203 per month according to US Census ACS data.
What is the median household income in Cedar Falls?
The median household income in Cedar Falls is $76,987 per year.
What is the median home value in Cedar Falls?
The median home value in Cedar Falls is $263,600 based on the latest Census ACS survey.
How is the air quality in Cedar Falls?
Air quality data for Cedar Falls is not yet available.
What are the taxes like in Cedar Falls?
Tax data for Iowa is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
