Cost of Living: Ely, NV vs Lawrence, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ely | Lawrence |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $100,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Ely vs Lawrence
- The median home price in Lawrence is higher at $375,000, compared to $100,000 in Ely.
- The rent for a two-bedroom apartment is equal in both Ely and Lawrence 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 | Lawrence |
|---|---|---|
| Electricity Price | $15.5 | $28.15 |
| Natural Gas Price | $20.66 | $21.62 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Ely vs Lawrence
- Lawrence has higher electricity costs at $28.15 per kWh, versus $15.5 in Ely.
- Lawrence experiences higher natural gas costs at $21.62 per unit, with costs at $20.66 in Ely.
- Utility expenses are equal in both Ely and Lawrence averaging $250.