Ely, NV vs Incline Village, NV

The cost of living difference between Ely, NV and Incline Village, NV is dramatic. Ely is 61.3% cheaper than Incline Village, a gap that translates to thousands of dollars per year in household expenses. Ely has a cost index of 78 while Incline Village sits at 202, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Ely is $900/month compared to $1,963/month in Incline Village — a 54% difference. Home values follow the same pattern: Ely is more affordable at $201,500 median vs $1,315,700.

Median household income in Ely is $86,389 compared to $162,821 in Incline Village (-46.9%). The higher salaries in Incline Village partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ely spend roughly 12.5% of their income on rent, less than the 14.5% in Incline Village.

Climate-wise, Incline Village is notably warmer with an average of 55°F compared to 46.1°F in Ely. Ely receives more rainfall at 9.4" per year compared to 7.4" in Incline Village.