Cost of Living: Ely, NV vs Newport, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ely | Newport |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $100,000 | $401,000 |
| Average Rent (2 BR Apartment) | $1600 | $1800 |
| Average Rent (2 BR House) | $1640 | $1840 |
Housing Comparison: Ely vs Newport
- The median home price in Newport is higher at $401,000, compared to $100,000 in Ely.
- In Newport, the rental for a two-bedroom apartment stands at $1,800, 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 | Newport |
|---|---|---|
| Electricity Price | $15.5 | $15.12 |
| Natural Gas Price | $20.66 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ely vs Newport
- Electricity costs are higher in Ely at $15.5 per kWh, compared to $15.12 in Newport.
- Natural gas is more expensive in Ely at $20.66 per unit, while it is cheaper at $16.5 in Newport.
- Utility expenses are equal in both Ely and Newport averaging $250.