Cost of Living: Flower mound, TX vs Ely, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Flower mound | Ely |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $515,000 | $100,000 |
| Average Rent (2 BR Apartment) | $2100 | $1600 |
| Average Rent (2 BR House) | $2040 | $1640 |
Housing Comparison: Flower mound vs Ely
- In Flower mound, the median home price is higher at $515,000, while in Ely it is $100,000.
- Renting a two-bedroom apartment costs more in Flower mound at $2,100 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 | Flower mound | Ely |
|---|---|---|
| Electricity Price | $14.47 | $15.5 |
| Natural Gas Price | $26.29 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Flower mound vs Ely
- Ely has higher electricity costs at $15.5 per kWh, versus $14.47 in Flower mound.
- Natural gas is more expensive in Flower mound at $26.29 per unit, while it is cheaper at $20.66 in Ely.
- Utility expenses are equal in both Flower mound and Ely averaging $250.