Cost of Living: Ames, IA vs Portland, OR

Housing

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

Metric Ames Portland
Housing Index 90.0 120.0
Median Home Price $320,000 $494,000
Average Rent (2 BR Apartment) $1200 $2200
Average Rent (2 BR House) $1440 $2240

Housing Comparison: Ames vs Portland

  • The median home price in Portland is higher at $494,000, compared to $320,000 in Ames.
  • In Portland, the rental for a two-bedroom apartment stands at $2,200, 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 Portland
Electricity Price $14.82 $15.12
Natural Gas Price $15.61 $16.5
Other Utilities $180 $250

Utilities Comparison: Ames vs Portland

  • Portland has higher electricity costs at $15.12 per kWh, versus $14.82 in Ames.
  • Portland experiences higher natural gas costs at $16.5 per unit, with costs at $15.61 in Ames.
  • Portland has higher utility expenses, averaging $250, while Ames averages $180.