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Carter Springs, NV vs Panaca, NV

107
Carter Springs
Nevada
VS
+26.9%
84
Panaca
Nevada

There is a significant gap in the cost of living between these two cities. Panaca is 26.9% cheaper than Carter Springs. With a cost index of 84 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Panaca to Carter Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carter Springs is $1,455/month compared to $902/month in Panaca — a 61% difference. Home values follow the same pattern: Panaca is more affordable at $277,800 median vs $350,000.

Median household income in Carter Springs is $88,250 compared to $61,935 in Panaca (+42.5%). While Carter Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carter Springs spend roughly 19.8% of their income on rent, more than the 17.5% in Panaca.

Climate-wise, Panaca is notably warmer with an average of 50.3°F compared to 44.2°F in Carter Springs. Carter Springs receives more rainfall at 20.5" per year compared to 11" in Panaca.

Income & Cost

Cost of Living Index
Carter Springs
107
Panaca
84
21% cheaper
Median Household Income
Carter Springs
$88,250
30% higher
Panaca
$61,935

Housing

Median Rent
Carter Springs
$1,455
Panaca
$902
38% cheaper
Median Home Value
Carter Springs
$350,000
Panaca
$277,800
21% cheaper
Population
Carter Springs
456
Panaca
1,272

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Carter Springs 44.2°F
Panaca 50.3°F
Summer High
Carter Springs 80°F
Panaca 91°F
Winter Low
Carter Springs 18°F
Panaca 18°F
Rainfall
Carter Springs 20.5"
Panaca 11"
Rainy Days
Carter Springs 75d
Panaca 69d