Cost of Living: Tipton, IA vs Ely, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tipton | Ely |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $184,000 | $100,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1640 |
Housing Comparison: Tipton vs Ely
- In Tipton, the median home price is higher at $184,000, while in Ely it is $100,000.
- The rent for a two-bedroom apartment is equal in both Tipton 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 | Tipton | Ely |
|---|---|---|
| Electricity Price | $14.82 | $15.5 |
| Natural Gas Price | $15.61 | $20.66 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Tipton vs Ely
- Ely has higher electricity costs at $15.5 per kWh, versus $14.82 in Tipton.
- Ely experiences higher natural gas costs at $20.66 per unit, with costs at $15.61 in Tipton.
- Utility expenses are equal in both Tipton and Ely averaging $0.0.