Cost of Living in Ames, IA
Housing
The housing market plays a significant role in determining the cost of living in Ames, IA.
- Housing Index: 90.0 / 100
- Median Home Price is: $320000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1440 per month
Considering a move to Ames, IA? The housing index of 90.0 suggests a moderately affordable market. With a median home price of 320000, purchasing may be more viable than renting. The average rent for a 2-bedroom apartment is at 1200, and renting a house averages at 1440. This indicates potential renters could save more long-term by investing in a home. Additionally, keep an eye on local amenities and job opportunities to complement your living choice in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ames, IA.
- Electricity Price: 14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $180 per month
Living in Ames, IA could entail higher utility costs. Electricity costs sit at 14.82, while natural gas is priced at 15.61 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 180 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Ames is a financially viable option for your relocation.