Cost of Living: Bloomington, IN vs Panama, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bloomington | Panama |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $301,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1400 | $Data is updating |
Housing Comparison: Bloomington vs Panama
- In Bloomington, the median home price is higher at $301,000, while in Panama it is $155,000.
- The rent for a two-bedroom apartment is equal in both Bloomington and Panama at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bloomington | Panama |
|---|---|---|
| Electricity Price | $14.89 | $14.82 |
| Natural Gas Price | $Data is updating | $15.61 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Bloomington vs Panama
- Electricity costs are higher in Bloomington at $14.89 per kWh, compared to $14.82 in Panama.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Bloomington and Panama averaging $200.