Cost of Living: Fair oaks, CA vs Ely, NV

Housing

The housing market plays a significant role in determining the cost of living.

Metric Fair oaks Ely
Housing Index 120.0 110.0
Median Home Price $590,000 $100,000
Average Rent (2 BR Apartment) $2300 $1600
Average Rent (2 BR House) $2400 $1640

Housing Comparison: Fair oaks vs Ely

  • In Fair oaks, the median home price is higher at $590,000, while in Ely it is $100,000.
  • Renting a two-bedroom apartment costs more in Fair oaks at $2,300 than in Ely 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 Fair oaks Ely
Electricity Price $32.99 $15.5
Natural Gas Price $16.99 $20.66
Other Utilities $200 $250

Utilities Comparison: Fair oaks vs Ely

  • Electricity costs are higher in Fair oaks at $32.99 per kWh, compared to $15.5 in Ely.
  • Ely experiences higher natural gas costs at $20.66 per unit, with costs at $16.99 in Fair oaks.
  • Ely has higher utility expenses, averaging $250, while Fair oaks averages $200.