Cost of Living: Evans, CO vs Panaca, NV

Housing

The housing market plays a significant role in determining the cost of living.

Metric Evans Panaca
Housing Index 115.0 85.0
Median Home Price $394,000 $210,000
Average Rent (2 BR Apartment) $1800 $1000
Average Rent (2 BR House) $1850 $1040

Housing Comparison: Evans vs Panaca

  • In Evans, the median home price is higher at $394,000, while in Panaca it is $210,000.
  • Renting a two-bedroom apartment costs more in Evans at $1,800 than in Panaca at $1,000.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Evans Panaca
Electricity Price $15.21 $15.5
Natural Gas Price $11.3 $20.66
Other Utilities $220 $200

Utilities Comparison: Evans vs Panaca

  • Panaca has higher electricity costs at $15.5 per kWh, versus $15.21 in Evans.
  • Panaca experiences higher natural gas costs at $20.66 per unit, with costs at $11.3 in Evans.
  • Other utility costs are higher in Evans at an average of $220, compared to Panaca with $200.