Housing costs in Ames?
A typical home costs
$249,000, which is 26.4% less expensive than the national average of
$338,100 and 27.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ames costs
$1,040 per month, which is 11.8% more than the national average of
$930 and 7.7% more than the state average of
$960.
Can I afford Ames?
To live comfortably in Ames (zip 50012), Iowa, a minimum annual income of
$47,880 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Ames?
The cost of living in 50012 Ames, IA is relatively low compared to many other cities. The median household income is $50,821 and the average home price is around $204,400. Food costs are lower than the national average and utilities are below the national median. Additionally, taxes are very reasonable with a sales tax rate of 6%, a property tax rate averaging 1.41%, and an income tax rate that ranges from 0-8.98%. Overall, 50012 Ames makes for a great place to live with its low cost of living coupled with its vibrant cultural life and strong sense of community.