Cost of Living: Rio rancho, NM vs Ames, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rio rancho | Ames |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $331,000 | $320,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1400 | $1440 |
Housing Comparison: Rio rancho vs Ames
- In Rio rancho, the median home price is higher at $331,000, while in Ames it is $320,000.
- Renting a two-bedroom apartment costs more in Rio rancho at $1,300 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 | Rio rancho | Ames |
|---|---|---|
| Electricity Price | $14.44 | $14.82 |
| Natural Gas Price | $Data is updating | $15.61 |
| Other Utilities | $250 | $180 |
Utilities Comparison: Rio rancho vs Ames
- Ames has higher electricity costs at $14.82 per kWh, versus $14.44 in Rio rancho.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Rio rancho at an average of $250, compared to Ames with $180.