Cost of Living: Ely, MN vs Oakhurst, NJ

Housing

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

Metric Ely Oakhurst
Housing Index 110.0 Data is updating
Median Home Price $211,000 $432,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Ely vs Oakhurst

  • The median home price in Oakhurst is higher at $432,000, compared to $211,000 in Ely.
  • The rent for a two-bedroom apartment is equal in both Ely and Oakhurst 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 Oakhurst
Electricity Price $16.38 $19.88
Natural Gas Price $14.87 $14.01
Other Utilities $230 $Data is updating

Utilities Comparison: Ely vs Oakhurst

  • Oakhurst has higher electricity costs at $19.88 per kWh, versus $16.38 in Ely.
  • Natural gas is more expensive in Ely at $14.87 per unit, while it is cheaper at $14.01 in Oakhurst.
  • Utility expenses are equal in both Ely and Oakhurst averaging $230.