Cost of Living: Clarksdale, MS vs Panama city beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clarksdale | Panama city beach |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $120,000 | $449,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1300 | $1624 |
Housing Comparison: Clarksdale vs Panama city beach
- The median home price in Panama city beach is higher at $449,000, compared to $120,000 in Clarksdale.
- In Panama city beach, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Clarksdale.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Clarksdale | Panama city beach |
|---|---|---|
| Electricity Price | $13.42 | $13.89 |
| Natural Gas Price | $22.19 | $26.13 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Clarksdale vs Panama city beach
- Panama city beach has higher electricity costs at $13.89 per kWh, versus $13.42 in Clarksdale.
- Panama city beach experiences higher natural gas costs at $26.13 per unit, with costs at $22.19 in Clarksdale.
- Panama city beach has higher utility expenses, averaging $250, while Clarksdale averages $150.