Cost of Living in Ames, IA
2024 data from the Bureau of Economic Analysis
Cost Index
88.8
11.2% below avg
Housing Index
69.2
Median Income
$68,107
Median Rent
$981/mo
Cost Breakdown
Overall88.8 (-11.2%)
Housing69.2 (-30.8%)
Goods93.7 (-6.3%)
Utilities83.0 (-17.0%)
Other Services92.9 (-7.1%)
National average = 100
Income & Housing
Median Household Income
$68,107/year
Median Home Value
$216,000
Median Monthly Rent
$981/mo
Per Capita Income
$36,295/year
Compare Ames, IA With
Frequently Asked Questions
Is Ames, IA expensive to live in?
Ames, IA has a cost of living index of 88.8, which is 11.2% below the national average.
How much does housing cost in Ames, IA?
Housing costs in Ames, IA are indexed at 69.2 compared to the national average of 100. The median monthly rent is $981.
What is the average income in Ames, IA?
The median household income in Ames, IA is $68,107 per year.
What is the average home price in Ames, IA?
The median home value in Ames, IA is $216,000.