Cost of Living: Belmont, CA vs Ames, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Belmont | Ames |
|---|---|---|
| Housing Index | 165.0 | 90.0 |
| Median Home Price | $1,360,000 | $320,000 |
| Average Rent (2 BR Apartment) | $3200 | $1200 |
| Average Rent (2 BR House) | $3400 | $1440 |
Housing Comparison: Belmont vs Ames
- In Belmont, the median home price is higher at $1,360,000, while in Ames it is $320,000.
- Renting a two-bedroom apartment costs more in Belmont at $3,200 than in Ames 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 | Belmont | Ames |
|---|---|---|
| Electricity Price | $32.99 | $14.82 |
| Natural Gas Price | $16.99 | $15.61 |
| Other Utilities | $250 | $180 |
Utilities Comparison: Belmont vs Ames
- Electricity costs are higher in Belmont at $32.99 per kWh, compared to $14.82 in Ames.
- Natural gas is more expensive in Belmont at $16.99 per unit, while it is cheaper at $15.61 in Ames.
- Other utility costs are higher in Belmont at an average of $250, compared to Ames with $180.