Cost of Living: Killeen, TX vs Panama, IA

Housing

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

Metric Killeen Panama
Housing Index 85.4 Data is updating
Median Home Price $270,000 $155,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1190 $Data is updating

Housing Comparison: Killeen vs Panama

  • In Killeen, the median home price is higher at $270,000, while in Panama it is $155,000.
  • The rent for a two-bedroom apartment is equal in both Killeen and Panama at $1,200.

Utilities

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

Metric Killeen Panama
Electricity Price $14.47 $14.82
Natural Gas Price $26.29 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Killeen vs Panama

  • Panama has higher electricity costs at $14.82 per kWh, versus $14.47 in Killeen.
  • Natural gas is more expensive in Killeen at $26.29 per unit, while it is cheaper at $15.61 in Panama.
  • Utility expenses are equal in both Killeen and Panama averaging $250.