Cost of Living: Ely, MN vs Picayune, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ely | Picayune |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $211,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1300 |
Housing Comparison: Ely vs Picayune
- In Ely, the median home price is higher at $211,000, while in Picayune it is $158,000.
- The rent for a two-bedroom apartment is equal in both Ely and Picayune 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 | Picayune |
|---|---|---|
| Electricity Price | $16.38 | $13.42 |
| Natural Gas Price | $14.87 | $22.19 |
| Other Utilities | $230 | $200 |
Utilities Comparison: Ely vs Picayune
- Electricity costs are higher in Ely at $16.38 per kWh, compared to $13.42 in Picayune.
- Picayune experiences higher natural gas costs at $22.19 per unit, with costs at $14.87 in Ely.
- Other utility costs are higher in Ely at an average of $230, compared to Picayune with $200.