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.