Cost of Living: Brainerd, MN vs Panama city, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Brainerd | Panama city |
|---|---|---|
| Housing Index | 85.0 | 101.5 |
| Median Home Price | $270,000 | $288,000 |
| Average Rent (2 BR Apartment) | $1150 | $1500 |
| Average Rent (2 BR House) | $1200 | $1536 |
Housing Comparison: Brainerd vs Panama city
- The median home price in Panama city is higher at $288,000, compared to $270,000 in Brainerd.
- In Panama city, the rental for a two-bedroom apartment stands at $1,500, while it is $1,150 in Brainerd.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Brainerd | Panama city |
|---|---|---|
| Electricity Price | $16.38 | $13.89 |
| Natural Gas Price | $14.87 | $26.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Brainerd vs Panama city
- Electricity costs are higher in Brainerd at $16.38 per kWh, compared to $13.89 in Panama city.
- Panama city experiences higher natural gas costs at $26.13 per unit, with costs at $14.87 in Brainerd.
- Panama city has higher utility expenses, averaging $250, while Brainerd averages $200.