Zip 89042 (Panaca, NV) Cost of Living


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United States / Nevada / No Metro Area / Lincoln County / Panaca / Panaca (zip 89042)

Panaca cost of living score
87.1
Less expensive
12.9% lower
than the US average
20.6% lower
than the Nevada average
Panaca (zip 89042), Nevada gets a BestPlaces Cost of Living score of 87.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.9% lower than the U.S. average and 20.6% lower than the average for Nevada.

Zip 89042 (Panaca, NV)

Housing costs in Panaca?
A typical home costs $212,000, which is 37.3% less expensive than the national average of $338,100 and 49.2% less expensive than the average Nevada home, at $417,100. Renting a two-bedroom unit in Panaca costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 54.3% cheaper than the state average of $1,450.

Can I afford Panaca?
To live comfortably in Panaca (zip 89042), Nevada, a minimum annual income of $40,680 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Panaca?
The cost of living in Panaca, NV 89042 is relatively affordable. Groceries, housing, and transportation are all very reasonable, with the average home being around $150,000. The median household income for the area is around $45,000 which is lower than the national average but still allows for a comfortable lifestyle. There are also many outdoor activities to be enjoyed in this rural town and the low prices make it an attractive option for those looking to relocate or visit.
   Cost of living score
     CategoriesPanacaNevadaUnited States
  87.1109.7100.0
  98.5100.3100
  127.294.6100.0
  61.5122.9100.0
  $212,000$417,100$338,100
  96.5%97.2%100.0%
  91.0116.7100.0
  87.6100.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime