Cost of Living Calculator - Ely, Minnesota vs Silver Bay, Minnesota


The cost of living in Silver Bay, Minnesota is 14.0% cheaper than Ely, Minnesota.

You would need a salary of $42,986 in Silver Bay, Minnesota to maintain the standard of living you have in Ely, Minnesota.
Comparison highlights
• Overall, Silver Bay, Minnesota is cheaper than Ely, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
33% cheaper in Silver Bay
than in Ely, Minnesota
Ely, MN vs Silver_Bay, MN
Compared to Ely, Silver_Bay is:
  Homeowner
      No Child Care, Taxes not Considered
  14.0% 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
  0.4% lower
  Housing (Homeowner)
  24.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.8% lower
  Commute
  13.1% lower
  Health
  0.7% higher
  Taxes
  Childcare
  Personal
  2.4% higher

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