Cost of Living: Central city, NE vs Pana, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Central city Pana
Housing Index 90.0 75.0
Median Home Price $220,000 $135,000
Average Rent (2 BR Apartment) $800 $960
Average Rent (2 BR House) $850 $800

Housing Comparison: Central city vs Pana

  • In Central city, the median home price is higher at $220,000, while in Pana it is $135,000.
  • In Pana, the rental for a two-bedroom apartment stands at $960, while it is $800 in Central city.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Central city Pana
Electricity Price $12.92 $16.15
Natural Gas Price $13.89 $16.59
Other Utilities $200 $220

Utilities Comparison: Central city vs Pana

  • Pana has higher electricity costs at $16.15 per kWh, versus $12.92 in Central city.
  • Pana experiences higher natural gas costs at $16.59 per unit, with costs at $13.89 in Central city.
  • Pana has higher utility expenses, averaging $220, while Central city averages $200.