Cost of Living: Masonville, NY vs Ely, MN

Housing

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

Metric Masonville Ely
Housing Index 90.0 110.0
Median Home Price $133,000 $211,000
Average Rent (2 BR Apartment) $1120 $1200
Average Rent (2 BR House) $1190 $1280

Housing Comparison: Masonville vs Ely

  • The median home price in Ely is higher at $211,000, compared to $133,000 in Masonville.
  • In Ely, the rental for a two-bedroom apartment stands at $1,200, while it is $1,120 in Masonville.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Masonville Ely
Electricity Price $26.08 $16.38
Natural Gas Price $18.13 $14.87
Other Utilities $250 $230

Utilities Comparison: Masonville vs Ely

  • Electricity costs are higher in Masonville at $26.08 per kWh, compared to $16.38 in Ely.
  • Natural gas is more expensive in Masonville at $18.13 per unit, while it is cheaper at $14.87 in Ely.
  • Other utility costs are higher in Masonville at an average of $250, compared to Ely with $230.