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.