Cost of Living: Ely, MN vs Janesville, IA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Ely Janesville
Housing Index 110.0 Data is updating
Median Home Price $211,000 $168,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Ely vs Janesville

  • In Ely, the median home price is higher at $211,000, while in Janesville it is $168,000.
  • The rent for a two-bedroom apartment is equal in both Ely and Janesville 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 Janesville
Electricity Price $16.38 $14.82
Natural Gas Price $14.87 $15.61
Other Utilities $230 $Data is updating

Utilities Comparison: Ely vs Janesville

  • Electricity costs are higher in Ely at $16.38 per kWh, compared to $14.82 in Janesville.
  • Janesville experiences higher natural gas costs at $15.61 per unit, with costs at $14.87 in Ely.
  • Utility expenses are equal in both Ely and Janesville averaging $230.