Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Ely is a small city located in the state of Nevada. The city has a population of 3,993 people. The majority of Ely residents report their race to be White; this is followed by American Indian and Alaskan and Asian. If you're not a fan of traffic congestion and long commute times to work, Ely is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 13 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the city before actually living in Ely, Nevada. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Ely and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, education, housing and other important metrics.
Using data and statistics Ely has received a livability score of 67 out of 100. This score is ranked in the 69th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Ely has higher than average scores for the following: cost of living (A+) and housing (A+). There are some categories that Ely scores poorly for, including: amenities (F) and education (D-). It might be worth taking a closer look to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Ely has an unemployment rate of 2.63% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Ely apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Ely is real estate affordability. Median real estate prices in Ely come in at $157,400, which is 17.8% lower than the Nevada average. The home price to income ratio compares the median home prices to the median household income. In Ely, the home price to income ratio is 2.6, which is 27.8% lower than the Nevada average.
| Statistic | Ely | Nevada | National |
| Average one way commute | 13min | 24min | 26min |
| Workers who drive to work | 81.5% | 78.0% | 76.4% |
| Workers who carpool | 6.7% | 10.7% | 9.3% |
| Workers who take public transit | 0.8% | 3.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 5.4% | 2.1% | 2.8% |
| Working from home | 5.3% | 3.6% | 4.6% |
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