Cost of Living: Panaca, NV vs Rosemount, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panaca | Rosemount |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $210,000 | $357,000 |
| Average Rent (2 BR Apartment) | $1000 | $1900 |
| Average Rent (2 BR House) | $1040 | $2000 |
Housing Comparison: Panaca vs Rosemount
- The median home price in Rosemount is higher at $357,000, compared to $210,000 in Panaca.
- In Rosemount, the rental for a two-bedroom apartment stands at $1,900, 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 | Rosemount |
|---|---|---|
| Electricity Price | $15.5 | $16.38 |
| Natural Gas Price | $20.66 | $14.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Panaca vs Rosemount
- Rosemount has higher electricity costs at $16.38 per kWh, versus $15.5 in Panaca.
- Natural gas is more expensive in Panaca at $20.66 per unit, while it is cheaper at $14.87 in Rosemount.
- Rosemount has higher utility expenses, averaging $250, while Panaca averages $200.