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.