Cost of Living: Ames, IA vs Westminster, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ames | Westminster |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $320,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1200 | $1850 |
| Average Rent (2 BR House) | $1440 | $1920 |
Housing Comparison: Ames vs Westminster
- The median home price in Westminster is higher at $375,000, compared to $320,000 in Ames.
- In Westminster, the rental for a two-bedroom apartment stands at $1,850, 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 | Westminster |
|---|---|---|
| Electricity Price | $14.82 | $17.41 |
| Natural Gas Price | $15.61 | $18.44 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Ames vs Westminster
- Westminster has higher electricity costs at $17.41 per kWh, versus $14.82 in Ames.
- Westminster experiences higher natural gas costs at $18.44 per unit, with costs at $15.61 in Ames.
- Westminster has higher utility expenses, averaging $250, while Ames averages $180.