Cost of Living in Ely, NV
Population 3,941 · Nevada · Data vintage 2023
(100 = US avg)
Housing costs in Ely stay well under national norms: a median home value of $202,000 against median household incomes of $86,389 gives the city one of the more comfortable price-to-income ratios in Nevada.
Ely lies roughly 180 miles southwest of the nearest major metro, West Jordan — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 56% lower than West Jordan's $455,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ely
The median home value in Ely is $201,500 — 34% below the national median of $305,000. Median rent runs $900/month, 32% lower than the national median of $1,314/month. The median household income of $86,389/year is 16% higher than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 63.1°F and lows of 29.1°F, with about 54.1" of annual snowfall. Overall, Ely has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.
Ely has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 44 | 52 | 59 | 69 | 81 | 89 | 87 | 78 | 65 | 51 | 41 |
| Low °F | 12 | 16 | 23 | 28 | 34 | 41 | 49 | 48 | 39 | 28 | 19 | 12 |
| Precip" | 0.75 | 0.84 | 0.98 | 1.07 | 1.05 | 0.56 | 0.63 | 0.79 | 0.64 | 0.80 | 0.63 | 0.67 |
| Snow" | 10.5 | 9.1 | 9.5 | 5.3 | 2.0 | 0.0 | 0.0 | 0.0 | 0.2 | 2.0 | 5.9 | 9.6 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Ely, NV?
Ely has a cost index of 67 (100 = national average). It is 33% below the national average.
What is average rent in Ely, NV?
The median gross rent in Ely is $900 per month based on 2023 Census data.
What is the average home price in Ely?
The median home value in Ely is $201,500 according to Zillow and Census data.
What is the median income in Ely?
The median household income in Ely is $86,389 per year (2023 ACS 5-year estimates).
What is the sales tax in Ely, NV?
The combined state and local sales tax rate in Ely is 8.2%. Nevada has no state income tax.
Is Ely, NV affordable?
Yes, Ely is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.
What is the weather like in Ely?
Ely has average high temperatures of 63.1°F and average lows of 29.1°F. Annual precipitation is 9.4". Average annual snowfall is 54.1". Data from NOAA 1991–2020 Climate Normals.
Ely at a Glance
- Population
- 3,941
- Median Income
- $86,389
- Home Value
- $201,500
- Median Rent
- $900/mo
- Unemployment
- 5.3%
- Avg High Temp
- 63.1°F
- Sales Tax
- 8.2%
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Nevada Rankings
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