Cost of Living: Rayne, LA vs Panaca, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rayne | Panaca |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $134,000 | $210,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1300 | $1040 |
Housing Comparison: Rayne vs Panaca
- The median home price in Panaca is higher at $210,000, compared to $134,000 in Rayne.
- Renting a two-bedroom apartment costs more in Rayne at $1,200 than in Panaca at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rayne | Panaca |
|---|---|---|
| Electricity Price | $11.42 | $15.5 |
| Natural Gas Price | $19.48 | $20.66 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Rayne vs Panaca
- Panaca has higher electricity costs at $15.5 per kWh, versus $11.42 in Rayne.
- Panaca experiences higher natural gas costs at $20.66 per unit, with costs at $19.48 in Rayne.
- Other utility costs are higher in Rayne at an average of $250, compared to Panaca with $200.