What is a pro or con of living in Ely, Minnesotacompared to Nederland, Colorado?

Median Home Cost is 67% cheaper in Ely.

What salary do I need to live in Ely, Minnesota copmared to Nederland, Colorado?

A salary of $50,000 in Nederland, Colorado could decrease to $30,482 in Ely, Minnesota (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

NEDERLAND vs. ELY
Cost of Living Comparison

Nederland, Colorado vs. Ely, Minnesota

Q: Is it expensive to live in Ely, Minnesota compared to Nederland, Colorado?

Overall, Ely, Minnesota is cheaper than Nederland, Colorado.

Cost of Living Comparison

The cost of living in Ely, Minnesota is 39.0% cheaper than Nederland, Colorado.

You would need a salary of $30,482 in Ely, Minnesota to maintain the standard of living you have in Nederland, Colorado.

Comparison highlights

• Overall, Ely, Minnesota is cheaper than Nederland, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
67% cheaper in Ely
than in Nederland, Colorado

Nederland, CO vs. Ely, MN

Compared to Nederland, Ely is:

Homeowner

No Child Care, Taxes not Considered

39.0% 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

8.2% lower

Housing (Homeowner)

74.2% lower

Housing (Rent)

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Median Home Cost

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Utilities

6.9% higher

Commute

26.2% lower

Health

0.9% higher

Taxes

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Childcare

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Personal

7.0% lower

Cost of Food

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Nederland, Colorado vs. Ely, Minnesota

Cost of Living Comparison

Comparison highlights

Nederland, CO vs. Ely, MN

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