Cost of Living: Penelope, TX vs Sparks, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Penelope | Sparks |
|---|---|---|
| Housing Index | Data is updating | 105.0 |
| Median Home Price | $180,000 | $475,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1628 |
Housing Comparison: Penelope vs Sparks
- The median home price in Sparks is higher at $475,000, compared to $180,000 in Penelope.
- The rent for a two-bedroom apartment is equal in both Penelope and Sparks at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Penelope | Sparks |
|---|---|---|
| Electricity Price | $14.47 | $15.5 |
| Natural Gas Price | $26.29 | $20.66 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Penelope vs Sparks
- Sparks has higher electricity costs at $15.5 per kWh, versus $14.47 in Penelope.
- Natural gas is more expensive in Penelope at $26.29 per unit, while it is cheaper at $20.66 in Sparks.
- Utility expenses are equal in both Penelope and Sparks averaging $0.0.