Ely cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index10090100
Goods & Services index10396100
Groceries index9798100
Health care index113100100
Housing index9573100
Transportation index97101100
Utilities index10598100
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Did you know?

  • The cost of living in Ely is 10% higher than the Iowa average.
  • The cost of living in Ely is equal to the national average.
  • The cost of housing in Ely is 5% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

Compare Ely, IA Cost of living To Other Cities

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)

Goods & Services

ItemElyNational avg.Difference
Haircut $19.04$17.498.9%
Beauty Salon $38.25$38.170.2%
Toothpaste $2.74$2.3218.1%
Shampoo $0.84$1.0117.0%
Movie $9.53$10.7211.1%
Bowling $15.25$13.8610.0%


ItemElyNational avg.Difference
Ground Beef $3.96$3.901.5%
Fried Chicken $1.76$1.4026.1%
Milk $2.19$1.9611.6%
Potatoes $2.96$3.187.0%
Pizza $10.69$10.392.8%
Beer $8.91$9.233.5%

Health Care

ItemElyNational avg.Difference
Optometrist $115.33$106.348.5%
Doctor $113.50$115.251.5%
Dentist $127.50$98.3829.6%
Ibuprofen $9.15$9.261.2%
Lipitor $515.99$466.4710.6%


ItemElyNational avg.Difference
Home Price $192,500.00$184,700.004.2%
Avg. Mortgage Payment $1,190.88$1,273.326.5%
Apartment Rent $684.00$949.0027.9%


ItemElyNational avg.Difference
Gasoline $2.57$2.591.0%
Tire Balancing $46.67$48.904.6%


ItemElyNational avg.Difference
All Electricity$186.17$167.6011.1%
Phone $177.99$163.428.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
East Amana, IA401022%
Martelle, IA26690-10%
Springville, IA1,07091-9%
West Branch, IA2,58194-6%
Oxford, IA87494-6%
Ely, IA2,1331000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lexington, MS2,13376-24%
Cave Junction, OR2,1331022%
Bath, MI2,13392-8%
Mount Pleasant, NC2,13399-1%
Sag Harbor, NY2,132210110%
Ely, IA2,1331000%
Source: The Ely, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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