Cost of Living: Ames, IA vs Durham, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ames | Durham |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $320,000 | $334,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1440 | $1600 |
Housing Comparison: Ames vs Durham
- The median home price in Durham is higher at $334,000, compared to $320,000 in Ames.
- In Durham, the rental for a two-bedroom apartment stands at $1,500, 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 | Durham |
|---|---|---|
| Electricity Price | $14.82 | $13.72 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $180 | $250 |
Utilities Comparison: Ames vs Durham
- Electricity costs are higher in Ames at $14.82 per kWh, compared to $13.72 in Durham.
- Natural gas price data is currently unavailable.
- Durham has higher utility expenses, averaging $250, while Ames averages $180.