Cost of Living: Sandpoint, ID vs Ely, NV

Housing

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

Metric Sandpoint Ely
Housing Index 110.0 110.0
Median Home Price $515,000 $100,000
Average Rent (2 BR Apartment) $1600 $1600
Average Rent (2 BR House) $1650 $1640

Housing Comparison: Sandpoint vs Ely

  • In Sandpoint, the median home price is higher at $515,000, while in Ely it is $100,000.
  • The rent for a two-bedroom apartment is equal in both Sandpoint and 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 Sandpoint Ely
Electricity Price $12.28 $15.5
Natural Gas Price $9.87 $20.66
Other Utilities $200 $250

Utilities Comparison: Sandpoint vs Ely

  • Ely has higher electricity costs at $15.5 per kWh, versus $12.28 in Sandpoint.
  • Natural gas is more expensive in Sandpoint at $9.87 per unit, while it is cheaper at $20.66 in Ely.
  • Ely has higher utility expenses, averaging $250, while Sandpoint averages $200.