Cost of Living: Panama city beach, FL vs Milford, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama city beach | Milford |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $449,000 | $376,000 |
| Average Rent (2 BR Apartment) | $1600 | $2200 |
| Average Rent (2 BR House) | $1624 | $2250 |
Housing Comparison: Panama city beach vs Milford
- In Panama city beach, the median home price is higher at $449,000, while in Milford it is $376,000.
- In Milford, the rental for a two-bedroom apartment stands at $2,200, while it is $1,600 in Panama city beach.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Panama city beach | Milford |
|---|---|---|
| Electricity Price | $13.89 | $26 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Panama city beach vs Milford
- Milford has higher electricity costs at $26 per kWh, versus $13.89 in Panama city beach.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Panama city beach and Milford averaging $250.