Cost of Living: Ely, NV vs Fairview, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ely | Fairview |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $100,000 | $371,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Ely vs Fairview
- The median home price in Fairview is higher at $371,000, compared to $100,000 in Ely.
- The rent for a two-bedroom apartment is equal in both Ely and Fairview at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ely | Fairview |
|---|---|---|
| Electricity Price | $15.5 | $12.57 |
| Natural Gas Price | $20.66 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Ely vs Fairview
- Electricity costs are higher in Ely at $15.5 per kWh, compared to $12.57 in Fairview.
- Natural gas is more expensive in Ely at $20.66 per unit, while it is cheaper at $12.35 in Fairview.
- Utility expenses are equal in both Ely and Fairview averaging $250.