Cost of Living: Ely, NV vs Sterling, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ely | Sterling |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $100,000 | $137,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1360 |
Housing Comparison: Ely vs Sterling
- The median home price in Sterling is higher at $137,000, compared to $100,000 in Ely.
- Renting a two-bedroom apartment costs more in Ely at $1,600 than in Sterling at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ely | Sterling |
|---|---|---|
| Electricity Price | $15.5 | $16.15 |
| Natural Gas Price | $20.66 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ely vs Sterling
- Sterling has higher electricity costs at $16.15 per kWh, versus $15.5 in Ely.
- Natural gas is more expensive in Ely at $20.66 per unit, while it is cheaper at $16.59 in Sterling.
- Utility expenses are equal in both Ely and Sterling averaging $250.