Cost of Living: Montgomery village, MD vs Ely, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montgomery village | Ely |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $515,000 | $211,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Montgomery village vs Ely
- In Montgomery village, the median home price is higher at $515,000, while in Ely it is $211,000.
- The rent for a two-bedroom apartment is equal in both Montgomery village and Ely at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montgomery village | Ely |
|---|---|---|
| Electricity Price | $17.41 | $16.38 |
| Natural Gas Price | $18.44 | $14.87 |
| Other Utilities | $Data is updating | $230 |
Utilities Comparison: Montgomery village vs Ely
- Electricity costs are higher in Montgomery village at $17.41 per kWh, compared to $16.38 in Ely.
- Natural gas is more expensive in Montgomery village at $18.44 per unit, while it is cheaper at $14.87 in Ely.
- Utility expenses are equal in both Montgomery village and Ely averaging $0.0.