Zip 89301 (Ely, NV) Cost of Living


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United States / Nevada / No Metro Area / White Pine County / Ely / Ely (zip 89301)
How much do I need to live in Ely, Nevada?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,933 / month
for a single person, 38.5% less expensive than the national average A total of $35,200 for the year for a single person.

Ely cost of living score
79.3
Less expensive
20.7% lower
than the US average
27.7% lower
than the Nevada average
Ely (zip 89301), Nevada gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 27.7% lower than the average for Nevada.

Zip 89301 (Ely, NV)

Housing costs in Ely?
A typical home costs $179,000, which is 47.1% less expensive than the national average of $338,100 and 57.1% less expensive than the average Nevada home, at $417,100. Renting a two-bedroom unit in Ely costs $1,150 per month, which is 19.6% cheaper than the national average of $1,430 and 26.1% cheaper than the state average of $1,450.

Can I afford Ely?
To live comfortably in Ely (zip 89301), Nevada, a minimum annual income of $34,200 for a family, and $35,200 for a single person is recommended.

What does A.I. say about Ely?
The cost of living in 89301 Ely, NV is fairly low compared to other areas of the United States. The median home value is $129,400 which is much lower than the national median of $184,700. Additionally, the median rent price for a two bedroom apartment in Ely is just around $492 per month which is significantly less than the national average rent for a two bedroom at around $1,200 per month. Additionally, day-to-day expenses such as groceries and utilities are also much more affordable than other parts of the US. Overall, living in 89301 Ely, NV can be an affordable option for those looking to work or retire in a rural area with plenty of outdoor activity opportunities nearby.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElyNevadaUnited States
    Unlock109.7100.0
  91.2  Unlock100.0
    Unlock94.6100.0
  60.1  Unlock100.0
    Unlock$417,100$338,100
  83.7  Unlock100.0
    Unlock116.7100.0
  91.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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