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.