Ely, IA vs Ventura, IA

Ely is moderately more affordable than Ventura, with a 6.6% lower cost of living index. Ely scores 85 compared to 91 for Ventura, where the US average is 100. This difference means residents of Ventura can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ely is $1,014/month compared to $1,016/month in Ventura — a 0% difference. Home values follow the same pattern: Ely is more affordable at $275,800 median vs $344,800.

Median household income in Ely is $102,262 compared to $83,125 in Ventura (+23%). Ely offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ely spend roughly 11.9% of their income on rent, less than the 14.7% in Ventura.