Cost of Living: Bolivar, TN vs Panama, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bolivar | Panama |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $173,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1000 | $Data is updating |
| Average Rent (2 BR House) | $1024 | $Data is updating |
Housing Comparison: Bolivar vs Panama
- In Bolivar, the median home price is higher at $173,000, while in Panama it is $155,000.
- The rent for a two-bedroom apartment is equal in both Bolivar and Panama at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bolivar | Panama |
|---|---|---|
| Electricity Price | $12.57 | $14.82 |
| Natural Gas Price | $12.35 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Bolivar vs Panama
- Panama has higher electricity costs at $14.82 per kWh, versus $12.57 in Bolivar.
- Panama experiences higher natural gas costs at $15.61 per unit, with costs at $12.35 in Bolivar.
- Utility expenses are equal in both Bolivar and Panama averaging $250.