Cost of Living: Ames, IA vs Ripley, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ames | Ripley |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $320,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1440 | $1360 |
Housing Comparison: Ames vs Ripley
- In Ames, the median home price is higher at $320,000, while in Ripley it is $158,000.
- The rent for a two-bedroom apartment is equal in both Ames and Ripley 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 | Ripley |
|---|---|---|
| Electricity Price | $14.82 | $12.57 |
| Natural Gas Price | $15.61 | $12.35 |
| Other Utilities | $180 | $220 |
Utilities Comparison: Ames vs Ripley
- Electricity costs are higher in Ames at $14.82 per kWh, compared to $12.57 in Ripley.
- Natural gas is more expensive in Ames at $15.61 per unit, while it is cheaper at $12.35 in Ripley.
- Ripley has higher utility expenses, averaging $220, while Ames averages $180.