Cost of Living: Panaca, NV vs Columbia, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panaca | Columbia |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $210,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1000 | $1200 |
| Average Rent (2 BR House) | $1040 | $1360 |
Housing Comparison: Panaca vs Columbia
- The median home price in Columbia is higher at $295,000, compared to $210,000 in Panaca.
- In Columbia, the rental for a two-bedroom apartment stands at $1,200, 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 | Columbia |
|---|---|---|
| Electricity Price | $15.5 | $14.64 |
| Natural Gas Price | $20.66 | $23.25 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Panaca vs Columbia
- Electricity costs are higher in Panaca at $15.5 per kWh, compared to $14.64 in Columbia.
- Columbia experiences higher natural gas costs at $23.25 per unit, with costs at $20.66 in Panaca.
- Columbia has higher utility expenses, averaging $250, while Panaca averages $200.