Cost of Living: Ely, NV vs Lake grove, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ely | Lake grove |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $100,000 | $646,500 |
| Average Rent (2 BR Apartment) | $1600 | $2400 |
| Average Rent (2 BR House) | $1640 | $2320 |
Housing Comparison: Ely vs Lake grove
- The median home price in Lake grove is higher at $646,500, compared to $100,000 in Ely.
- In Lake grove, the rental for a two-bedroom apartment stands at $2,400, while it is $1,600 in Ely.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ely | Lake grove |
|---|---|---|
| Electricity Price | $15.5 | $26.08 |
| Natural Gas Price | $20.66 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ely vs Lake grove
- Lake grove has higher electricity costs at $26.08 per kWh, versus $15.5 in Ely.
- Natural gas is more expensive in Ely at $20.66 per unit, while it is cheaper at $18.13 in Lake grove.
- Utility expenses are equal in both Ely and Lake grove averaging $250.