Elkhart, IA vs Ely, IA

Ely is moderately more affordable than Elkhart, with a 8.7% lower cost of living index. Elkhart scores 92 compared to 85 for Ely, where the US average is 100. This difference means residents of Elkhart can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Elkhart are $241,700 compared to $275,800 in Ely, a 12% gap.

Median household income in Elkhart is $81,771 compared to $102,262 in Ely (-20%). Ely offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.