Ely, NV vs Indian Hills, NV

The cost of living difference between Ely, NV and Indian Hills, NV is dramatic. Ely is 31.9% cheaper than Indian Hills, a gap that translates to thousands of dollars per year in household expenses. Ely has a cost index of 78 while Indian Hills sits at 115, 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 $1,417/month in Indian Hills — a 37% difference. Home values follow the same pattern: Ely is more affordable at $201,500 median vs $469,700.

Median household income in Ely is $86,389 compared to $77,881 in Indian Hills (+10.9%). 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 12.5% of their income on rent, less than the 21.8% in Indian Hills.

Climate-wise, both cities share similar average temperatures (46.1°F vs 44.2°F). Indian Hills receives more rainfall at 20.5" per year compared to 9.4" in Ely.