Cost of Living: Panaca, NV vs Boise, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panaca | Boise |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $210,000 | $446,000 |
| Average Rent (2 BR Apartment) | $1000 | $1800 |
| Average Rent (2 BR House) | $1040 | $1840 |
Housing Comparison: Panaca vs Boise
- The median home price in Boise is higher at $446,000, compared to $210,000 in Panaca.
- In Boise, the rental for a two-bedroom apartment stands at $1,800, while it is $1,000 in Panaca.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Panaca | Boise |
|---|---|---|
| Electricity Price | $15.5 | $12.28 |
| Natural Gas Price | $20.66 | $9.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Panaca vs Boise
- Electricity costs are higher in Panaca at $15.5 per kWh, compared to $12.28 in Boise.
- Boise experiences higher natural gas costs at $9.87 per unit, with costs at $20.66 in Panaca.
- Boise has higher utility expenses, averaging $250, while Panaca averages $200.