Cost of Living: Bennington, NE vs Panacea, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bennington | Panacea |
|---|---|---|
| Housing Index | 92.0 | 85.0 |
| Median Home Price | $291,000 | $351,000 |
| Average Rent (2 BR Apartment) | $1280 | $1600 |
| Average Rent (2 BR House) | $1400 | $1645.6 |
Housing Comparison: Bennington vs Panacea
- The median home price in Panacea is higher at $351,000, compared to $291,000 in Bennington.
- In Panacea, the rental for a two-bedroom apartment stands at $1,600, while it is $1,280 in Bennington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bennington | Panacea |
|---|---|---|
| Electricity Price | $12.92 | $13.89 |
| Natural Gas Price | $13.89 | $26.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Bennington vs Panacea
- Panacea has higher electricity costs at $13.89 per kWh, versus $12.92 in Bennington.
- Panacea experiences higher natural gas costs at $26.13 per unit, with costs at $13.89 in Bennington.
- Panacea has higher utility expenses, averaging $250, while Bennington averages $200.