Cost of Living: Parker, CO vs Pana, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Parker | Pana |
|---|---|---|
| Housing Index | 138.0 | 75.0 |
| Median Home Price | $560,000 | $135,000 |
| Average Rent (2 BR Apartment) | $2200 | $960 |
| Average Rent (2 BR House) | $2245 | $800 |
Housing Comparison: Parker vs Pana
- In Parker, the median home price is higher at $560,000, while in Pana it is $135,000.
- In Pana, the rental for a two-bedroom apartment stands at $960, while it is $2,200 in Parker.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Parker | Pana |
|---|---|---|
| Electricity Price | $15.21 | $16.15 |
| Natural Gas Price | $11.3 | $16.59 |
| Other Utilities | $290 | $220 |
Utilities Comparison: Parker vs Pana
- Pana has higher electricity costs at $16.15 per kWh, versus $15.21 in Parker.
- Pana experiences higher natural gas costs at $16.59 per unit, with costs at $11.3 in Parker.
- Other utility costs are higher in Parker at an average of $290, compared to Pana with $220.