Cost of Living: Pahrump, NV vs Monroe, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pahrump | Monroe |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $233,000 | $292,000 |
| Average Rent (2 BR Apartment) | $1600 | $1300 |
| Average Rent (2 BR House) | $1536 | $1365 |
Housing Comparison: Pahrump vs Monroe
- The median home price in Monroe is higher at $292,000, compared to $233,000 in Pahrump.
- Renting a two-bedroom apartment costs more in Pahrump at $1,600 than in Monroe at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pahrump | Monroe |
|---|---|---|
| Electricity Price | $15.5 | $13.72 |
| Natural Gas Price | $20.66 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Pahrump vs Monroe
- Electricity costs are higher in Pahrump at $15.5 per kWh, compared to $13.72 in Monroe.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Pahrump and Monroe averaging $250.