Cost of Living in Panaca, NV

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

101.6

100 = national avg

+1.6 vs national average

Living Wage (1 Adult)

$44,686

per year

Living Wage (Family of 4)

$105,622

per year

Cost Index by Category

Housing
110.6
Food
97.3
Transportation
94.7
Healthcare
97.9
Utilities
100.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$948

per month

2 Bedroom

$1,095

per month

The overall cost of living index in Panaca is 101.6, which is 1.6% above the national average. Housing costs are above the national average at an index of 110.6. A single adult needs to earn approximately $44,686 per year to cover basic expenses.