Ely, Minnesota vs. Hancock, Michigan

Cost of Living Comparison

The cost of living in Hancock, Michigan is 3.4% cheaper than Ely, Minnesota.

You would need a salary of $48,321 in Hancock, Michigan to maintain the standard of living you have in Ely, Minnesota.
Comparison highlights
• Overall, Hancock, Michigan is cheaper than Ely, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% cheaper in Hancock
than in Ely, Minnesota
Ely, MN vs. Hancock, MI
Compared to Ely, Hancock is:
  Homeowner
      No Child Care, Taxes not Considered
  3.4% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  3.0% lower
  Housing (Homeowner)
  2.3% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  29.8% higher
  Commute
  9.7% lower
  Health
  40.1% higher
  Taxes
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  Childcare
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  Personal
  8.0% lower
Cost of Food
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