Cost of Living: Panaca, NV vs Hayward, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panaca | Hayward |
|---|---|---|
| Housing Index | 85.0 | 130.0 |
| Median Home Price | $210,000 | $799,000 |
| Average Rent (2 BR Apartment) | $1000 | $2500 |
| Average Rent (2 BR House) | $1040 | $2400 |
Housing Comparison: Panaca vs Hayward
- The median home price in Hayward is higher at $799,000, compared to $210,000 in Panaca.
- In Hayward, the rental for a two-bedroom apartment stands at $2,500, 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 | Hayward |
|---|---|---|
| Electricity Price | $15.5 | $32.99 |
| Natural Gas Price | $20.66 | $16.99 |
| Other Utilities | $200 | $280 |
Utilities Comparison: Panaca vs Hayward
- Hayward has higher electricity costs at $32.99 per kWh, versus $15.5 in Panaca.
- Natural gas is more expensive in Panaca at $20.66 per unit, while it is cheaper at $16.99 in Hayward.
- Hayward has higher utility expenses, averaging $280, while Panaca averages $200.