Cost of Living: Ames, IA vs Litchfield, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ames | Litchfield |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $320,000 | $235,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1440 | $Data is updating |
Housing Comparison: Ames vs Litchfield
- In Ames, the median home price is higher at $320,000, while in Litchfield it is $235,000.
- The rent for a two-bedroom apartment is equal in both Ames and Litchfield at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ames | Litchfield |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $180 | $Data is updating |
Utilities Comparison: Ames vs Litchfield
- Litchfield has higher electricity costs at $16.38 per kWh, versus $14.82 in Ames.
- Natural gas is more expensive in Ames at $15.61 per unit, while it is cheaper at $14.87 in Litchfield.
- Utility expenses are equal in both Ames and Litchfield averaging $180.