Cost of Living: Grand prairie, TX vs Panama, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand prairie | Panama |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $286,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Grand prairie vs Panama
- In Grand prairie, the median home price is higher at $286,000, while in Panama it is $155,000.
- The rent for a two-bedroom apartment is equal in both Grand prairie and Panama at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand prairie | Panama |
|---|---|---|
| Electricity Price | $14.47 | $14.82 |
| Natural Gas Price | $26.29 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Grand prairie vs Panama
- Panama has higher electricity costs at $14.82 per kWh, versus $14.47 in Grand prairie.
- Natural gas is more expensive in Grand prairie at $26.29 per unit, while it is cheaper at $15.61 in Panama.
- Utility expenses are equal in both Grand prairie and Panama averaging $250.