Housing costs in Panaca?
A typical home costs
$199,600, which is 41.0% less expensive than the national average of
$338,100 and 52.1% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Panaca costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 57.6% cheaper than the state average of
$1,450.
Can I afford Panaca?
To live comfortably in Panaca, Nevada, a minimum annual income of
$38,160 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Panaca?
The cost of living in Panaca, NV is quite affordable. The median home price is around $200,000 and the median rent is roughly $850 per month. Additionally, the cost of groceries and other goods is lower than the national average. Utility costs are also reasonable, with electricity typically costing between $0.10-$0.20 per kilowatt-hour. All in all, Panaca offers a great balance of accessible housing and reasonable living expenses.