Cost of living in Ely, Minnesota
Simple answer
Typical rent is $627 a month.
Ely is a city in Minnesota. That rent number includes utilities. A typical household earns $43,901 a year.
- People
- 3,240
- Census average, 2020–2024
- Typical rent
- $627
- Median gross rent, includes utilities
- Typical pay
- $43,901
- Median household income, yearly
- Typical home
- $157,300
- Median home value
- 2-bedroom fair rent
- $1,207
- Duluth, MN-WI MSA
Ely, Minnesota has about 3,240 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $157,300.
HUD's fair-market rent for a 2-bedroom in St. Louis County is $1,207 a month. That is the county number, not an apartment listing in Ely. It runs from October 2026 through September 2027.
In the Duluth, MN-WI metro area, prices sit at 88.8 when the U.S. average is 100. That is a 2024 BEA index.
Minnesota taxes wages. A typical combined sales tax is 8.1% as of January 1, 2026. That mix is statewide, not Ely's exact store tax.
In July 2026, a typical Minnesota home paid 17.45¢ per kilowatt-hour. That is a state average from EIA, not Ely's bill.
In 2025, all-grades gas in Minnesota averaged $3.02 a gallon. EIA prints this yearly price for only some states.
Among 338 places we list in Minnesota with a rent figure, 322 have higher typical rent than Ely.
Nearby places
- Babbitt
Typical rent $737
Compare with Ely - Hoyt Lakes
Typical rent $1,550
Compare with Ely - Aurora
Typical rent $509
Compare with Ely - Gilbert
Typical rent $698
Compare with Ely - Virginia
Typical rent $792
Compare with Ely - Mountain Iron
Typical rent $918
Compare with Ely - Eveleth
Typical rent $904
- Silver Bay
Typical rent $1,140
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Minnesota
Bigger places in Minnesota
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.