Cost of Living in Ames, OK

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

69.2

100 = national avg

-30.8 vs national average

Living Wage (1 Adult)

$30,450

per year

Living Wage (Family of 4)

$71,974

per year

Cost Index by Category

Housing
46.6
Food
83.0
Transportation
93.4
Healthcare
86.4
Utilities
79.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$714

per month

2 Bedroom

$937

per month

The overall cost of living index in Ames is 69.2, which is 30.8% below the national average. Housing costs are below the national average at an index of 46.6. A single adult needs to earn approximately $30,450 per year to cover basic expenses.