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Cost & Benefits

Ely vs Hoyt Lakes

Simple answer

You'd likely save $923 a month in Ely.

Typical rent is $1,550 in Hoyt Lakes and $627 in Ely. This is the Census typical rent, not a promise about your lease.

Ely

Minnesota

Typical rent
$627
Typical pay
$43,901 a year
2-bedroom fair rent
$1,207
Price index
88.8 (metro)

Hoyt Lakes

Minnesota

Typical rent
$1,550
Typical pay
$65,764 a year
2-bedroom fair rent
$1,207
Price index
88.8 (metro)

Benefits after a move

Ely and Hoyt Lakes are in the same state, so the benefit rules do not change when you move between them.