Ely, NV vs Monte Vista, CO: Cost of Living

Which city costs less?

Monte Vista, CO has a modeled overall cost index 11.7% higher than Ely, NV.

Ely, NV · modeled 2BR rent
$1,270 / month
Monte Vista, CO · modeled 2BR rent
$1,090 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Ely, NV and Monte Vista, CO using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $329/month in Monte Vista, CO

$150,000 in your current city has a modeled equivalent of $153,943 in Monte Vista, CO

Regional cost estimates: Ely, NV uses North Las Vegas, NV. Monte Vista, CO uses Colorado Springs, CO. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 11.7%
More expensive
Monthly Impact
$329
Extra cost
Annual Impact
$3.9K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Ely, NV

Population:4K
Cost Index:
76.1
100 = national average
Typical Home:$211K

Monte Vista, CO

Population:4K
Cost Index:
84.9
100 = national average
Typical Home:$260K

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Ely, NV

The Silver State

4K
Population
State Tax
No Income Tax

Located in Nevada, this city has a population of 4K residents.

💡 Advantage: Nevada has no state income tax!

Monte Vista, CO

The Centennial State

4K
Population
State Tax
Yes

Located in Colorado, this city has a population of 4K residents.

Cost Breakdown by Category

Estimated monthly spending: Ely, NV vs Monte Vista, CO

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Other
↑ 17.1%
Ely, NV
$1,511
Monte Vista, CO
$1,770
Difference
$259
more
Housing
↑ 6.8%
Ely, NV
$2,380
Monte Vista, CO
$2,542
Difference
$162
more
Transportation
↓ 8.1%
Ely, NV
$1,366
Monte Vista, CO
$1,255
Difference
$110
less
Healthcare
↑ 4.6%
Ely, NV
$651
Monte Vista, CO
$681
Difference
$30.20
more
All Utilities
↓ 5.7%
Ely, NV
$523
Monte Vista, CO
$493
Difference
$29.75
less
Groceries
↑ 1.6%
Ely, NV
$1,070
Monte Vista, CO
$1,087
Difference
$17.25
more

🏠Rent Comparison

Studio
From$960
To$840
↓ $120
1 Bed
From$970
To$970
→ $0
2 Bed
From$1,270
To$1,090
↓ $180
3 Bed
From$1,660
To$1,310
↓ $350
Ely, NVZIP-level data

1BR range: $970–$970/mo

Monte Vista, COZIP-level data

1BR range: $970–$970/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Ely, NV
$7,829
Monthly in Monte Vista, CO
$329
Difference

Home Values

Ely
Monte Vista
$211K
Median Value
$260K
↓ -1%
YoY Change
↑ +3%
↑ +17.9%
5-Year Change
↑ +49.1%

Homes in Monte Vista are 24% more expensive than Ely

Calculate payment - ElyCalculate payment - Monte Vista

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $6.6K
More taxes
Monthly Difference
$550
Less take-home
Effective Rate Diff
4.4%
Rate difference

Ely, NV

Federal Income Tax
Effective: 18.9%
$25.5K
Nevada State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Monte Vista, CO

Federal Income Tax
Effective: 18.9%
$25.5K
Colorado State Tax
Effective: 4.4%
$6.6K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.1%
$43.6K
Take-Home Pay
$8,866/month
$106.4K

Additional Tax Information

Ely, NV Tax Rates

Sales Tax:8.2%
Property Tax:0.6%

Monte Vista, CO Tax Rates

Sales Tax:7.8%
Property Tax:0.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Ely
Monte Vista
64 Moderate
Air Quality
49 Good
24.6%
Good Air Days
55.2%
100 Very High
Climate Risk
94 Moderate
🔥🌊🌡
Top Hazards
🔥🌊🌪
▲+2.7°F
2050 Outlook
▲+3.0°F
144 days
Heat Days >95°F
9 days
▲+2.7°F
2050 Outlook
▲+3.0°F
144 days
Heat Days >95°F
9 days

Before moving from Ely, NV to Monte Vista, CO

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Monte Vista, CO for the same bedroom count and included utilities as your home in Ely, NV. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Ely to Monte Vista moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Monte Vista, CO by cost, housing, population and region.

Frequently Asked Questions: Ely, NV vs Monte Vista, CO

How do the cost estimates for Ely, NV and Monte Vista, CO compare?

Monte Vista, CO has a modeled overall cost index 11.7% higher than Ely, NV. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Ely, NV, the model estimates $153,943 in Monte Vista, CO. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Ely, NV and Monte Vista, CO?

The modeled two-bedroom rents are $1,270/month in Ely, NV and $1,090/month in Monte Vista, CO. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Nevada and Colorado on TaxTakeHome.com

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