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Metropolitan Statistical Area

Cost of living in the Ames Metro Area

2 counties across IA. Population: 125,261.

Avg. 1-bed rent
$902/mo
Avg. household income
$71,292/yr
Avg. home value
$232,444
Avg. monthly cost
$2,728/mo

Last updated May 22, 2026

Rent in the Ames Metro Area

Average rent across the Ames metro area, weighted by county population.

Studio
$841
per month
1 bedroom
$902
per month
2 bedroom
$1,029
per month
3 bedroom
$1,439
per month
4 bedroom
$1,675
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Ames Metro Area

Earnings data averaged across all 2 counties.

Household income
$71,292
per year
Individual earnings
$30,987
per year
Per capita
$38,602
per year

Source: ACS (population-weighted metro average)

Home values in the Ames Metro Area

Average home values and annual property tax across the metro.

Average home value
$232,444
Average annual property tax
$3,406

Source: ACS (population-weighted metro average)

Energy costs in the Ames Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$134
per month
Monthly gas
$61
per month
Annual total
$2,340
per year

Source: EIA (state averages applied per county, weighted)

All 2 counties in the Ames Metro Area

The Ames metro area includes 2 counties. Sorted by population.

Compare counties in the Ames Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Ames Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Ames Metro Area?

The estimated average cost of living in the Ames metro area is approximately $2,728 per month for a single person. This is a population-weighted average across the 2 counties that make up the metro area.

What is the average rent in the Ames Metro Area?

The average one-bedroom rent across the Ames metro area is $902 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Ames Metro Area?

Story County, IA is the most affordable county in the Ames metro area at approximately $2,694 per month for a single person.

What is the most expensive county in the Ames Metro Area?

Boone County, IA is the most expensive county in the Ames metro area at approximately $2,856 per month for a single person.

How many counties are in the Ames Metro Area?

The Ames metro area covers 2 counties. The five largest by population are Story County, Boone County.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.