Cost of Living: Morristown, AZ vs Pana, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Morristown | Pana |
|---|---|---|
| Housing Index | 115.0 | 75.0 |
| Median Home Price | $295,000 | $135,000 |
| Average Rent (2 BR Apartment) | $1800 | $960 |
| Average Rent (2 BR House) | $1920 | $800 |
Housing Comparison: Morristown vs Pana
- In Morristown, the median home price is higher at $295,000, while in Pana it is $135,000.
- In Pana, the rental for a two-bedroom apartment stands at $960, while it is $1,800 in Morristown.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Morristown | Pana |
|---|---|---|
| Electricity Price | $15.14 | $16.15 |
| Natural Gas Price | $23.51 | $16.59 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Morristown vs Pana
- Pana has higher electricity costs at $16.15 per kWh, versus $15.14 in Morristown.
- Natural gas is more expensive in Morristown at $23.51 per unit, while it is cheaper at $16.59 in Pana.
- Other utility costs are higher in Morristown at an average of $250, compared to Pana with $220.