Ames, Iowa vs. Ely, Minnesota

Cost of Living Comparison

The cost of living in Ely, Minnesota is 7.6% cheaper than Ames, Iowa.

You would need a salary of $46,179 in Ely, Minnesota to maintain the standard of living you have in Ames, Iowa.
Comparison highlights
• Overall, Ely, Minnesota is cheaper than Ames, Iowa
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
15% cheaper in Ely
than in Ames, Iowa
Ames, IA vs. Ely, MN
Compared to Ames, Ely is:
  Homeowner
      No Child Care, Taxes not Considered
  7.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.8% lower
  Housing (Homeowner)
  35.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.3% lower
  Commute
  28.3% higher
  Health
  28.6% lower
  Taxes
  Childcare
  Personal
  6.2% higher