Cost of Living: Panaca, NV vs Pell city, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Panaca Pell city
Housing Index 85.0 75.0
Median Home Price $210,000 $248,000
Average Rent (2 BR Apartment) $1000 $900
Average Rent (2 BR House) $1040 $960

Housing Comparison: Panaca vs Pell city

  • The median home price in Pell city is higher at $248,000, compared to $210,000 in Panaca.
  • In Pell city, the rental for a two-bedroom apartment stands at $900, 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 Pell city
Electricity Price $15.5 $15.03
Natural Gas Price $20.66 $21.76
Other Utilities $200 $200

Utilities Comparison: Panaca vs Pell city

  • Electricity costs are higher in Panaca at $15.5 per kWh, compared to $15.03 in Pell city.
  • Pell city experiences higher natural gas costs at $21.76 per unit, with costs at $20.66 in Panaca.
  • Utility expenses are equal in both Panaca and Pell city averaging $200.