Cost of Living: Livonia, MI vs Ames, IA

Housing

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

Metric Livonia Ames
Housing Index 90.6 90.0
Median Home Price $305,000 $320,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1440

Housing Comparison: Livonia vs Ames

  • The median home price in Ames is higher at $320,000, compared to $305,000 in Livonia.
  • The rent for a two-bedroom apartment is equal in both Livonia and 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 Livonia Ames
Electricity Price $19.88 $14.82
Natural Gas Price $15.42 $15.61
Other Utilities $250 $180

Utilities Comparison: Livonia vs Ames

  • Electricity costs are higher in Livonia at $19.88 per kWh, compared to $14.82 in Ames.
  • Ames experiences higher natural gas costs at $15.61 per unit, with costs at $15.42 in Livonia.
  • Other utility costs are higher in Livonia at an average of $250, compared to Ames with $180.