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College Cost Planning in Ely, NV 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Ely, Nevada. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Ely as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$8,900

per year

Avg Private Tuition

$24,000

per year

Avg Rent Near Campus

$1,002

per month

Local Cost Market

1

benchmark points

Ely Overview

Population

4,255

Student Population

500 (11.8%)

Cost of Living Index

93.3 (avg: 100)

Walk Score

41/100

Transit Score

12/100

Unemployment Rate

4.9%

College Cost Calculator for Ely

Cost Inputs

Total Cost (4 Years, Public In-State)

$89,216

Total After Financial Aid

$89,216

Annual Cost

$22,304

Annual After Aid

$22,304

Cost Breakdown (4 Years)

Tuition$35,600
Room & Board$53,616

If Financed (10-Year Loan at 6.5%)

Loan Amount$89,216
Monthly Payment$1,013
Total Interest$32,348
Total Loan Cost$121,564

Education Cost Benchmarks in Ely

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

1

Public tuition

$8,900

Private tuition

$24,000

Community college

$5,591

Cost of Living in Ely vs. National Average

CategoryElyNational AvgDifference
Public Tuition (In-State)$8,900$10,940-$2,040
Monthly Rent Near Campus$1,002$1,050-$48
Cost of Living Index93.3100-6.700000000000003

Ely's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Ely

41

Walk Score

Car-Dependent

12

Transit Score

Minimal Transit

11.8%

Student Population

500 students

Ely has a total population of 4,255, with approximately 500 college students (11.8% of the population). Ely has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Ely

$37,555

Starting Salary

4.9%

Unemployment Rate

60%

Graduation Rate

~34.9 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Ely earn a median starting salary of $37,555, which is $2,555 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 34.9 years to cover the investment. With average financial aid of $15,795 per student per year, the net cost can change materially by school and program.

Other Cities in Nevada

Methodology & Education Data Sources for Ely

How we compile Ely college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Ely institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Ely's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Ely, NV?

Average annual in-state public university tuition in Ely is $8,900. Private university tuition averages $24,000, and community college tuition averages $5,591. When room and board ($13,404/year) is included, the total annual cost at a public university is approximately $22,304.

How many local cost benchmarks are used for Ely, NV?

Ely uses approximately 1 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 500, which represents 11.8% of the total population.

What is the average rent near campus in Ely?

The average rent near college campuses in Ely is approximately $1,002 per month. The city has a cost of living index of 93.3 (national average is 100), a walk score of 41, and a public transit score of 12. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Ely?

College graduates in Ely earn a median starting salary of $37,555. The local unemployment rate is 4.9%. With an average financial aid package of $15,795 per student and a 60% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Ely, NV?

With a median starting salary of $37,555 and an average 4-year public university cost of $89,216 (including room and board), the modeled salary premium can recoup the net investment in about 34.9 years. The 60% graduation rate underscores the importance of choosing the right program and staying on track academically.

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