Cost of Living: Ames, IA vs Broomfield, CO

Housing

The housing market plays a significant role in determining the cost of living.

Metric Ames Broomfield
Housing Index 90.0 120.0
Median Home Price $320,000 $587,000
Average Rent (2 BR Apartment) $1200 $2300
Average Rent (2 BR House) $1440 $2350

Housing Comparison: Ames vs Broomfield

  • The median home price in Broomfield is higher at $587,000, compared to $320,000 in Ames.
  • In Broomfield, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Ames.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Ames Broomfield
Electricity Price $14.82 $15.21
Natural Gas Price $15.61 $11.3
Other Utilities $180 $250

Utilities Comparison: Ames vs Broomfield

  • Broomfield has higher electricity costs at $15.21 per kWh, versus $14.82 in Ames.
  • Natural gas is more expensive in Ames at $15.61 per unit, while it is cheaper at $11.3 in Broomfield.
  • Broomfield has higher utility expenses, averaging $250, while Ames averages $180.