Cost of Living: Bozeman, MT vs Ely, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bozeman | Ely |
|---|---|---|
| Housing Index | 130.0 | 110.7 |
| Median Home Price | $411,000 | $100,000 |
| Average Rent (2 BR Apartment) | $2239 | $1725 |
| Average Rent (2 BR House) | $2434 | $1875 |
Housing Comparison: Bozeman vs Ely
- In Bozeman, the median home price is higher at $411,000, while in Ely it is $100,000.
- Renting a two-bedroom apartment costs more in Bozeman at $2,239 than in Ely at $1,725.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bozeman | Ely |
|---|---|---|
| Electricity Price | $13.58 | $15.5 |
| Natural Gas Price | $8.31 | $20.66 |
| Other Utilities | $250 | $247 |
Utilities Comparison: Bozeman vs Ely
- Ely has higher electricity costs at $15.5 per kWh, versus $13.58 in Bozeman.
- Natural gas is more expensive in Bozeman at $8.31 per unit, while it is cheaper at $20.66 in Ely.
- Other utility costs are higher in Bozeman at an average of $250, compared to Ely with $247.