Cost of Living: Pahrump, NV vs Addison, IL

Housing

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

Metric Pahrump Addison
Housing Index 95.0 115.0
Median Home Price $233,000 $315,000
Average Rent (2 BR Apartment) $1600 $1800
Average Rent (2 BR House) $1536 $1840

Housing Comparison: Pahrump vs Addison

  • The median home price in Addison is higher at $315,000, compared to $233,000 in Pahrump.
  • In Addison, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Pahrump.

Utilities

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

Metric Pahrump Addison
Electricity Price $15.5 $16.15
Natural Gas Price $20.66 $16.59
Other Utilities $250 $250

Utilities Comparison: Pahrump vs Addison

  • Addison has higher electricity costs at $16.15 per kWh, versus $15.5 in Pahrump.
  • Natural gas is more expensive in Pahrump at $20.66 per unit, while it is cheaper at $16.59 in Addison.
  • Utility expenses are equal in both Pahrump and Addison averaging $250.