Cost of Living: Lamesa, TX vs Palmetto, FL

Housing

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

Metric Lamesa Palmetto
Housing Index 85.0 115.0
Median Home Price $123,000 $285,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1825

Housing Comparison: Lamesa vs Palmetto

  • The median home price in Palmetto is higher at $285,000, compared to $123,000 in Lamesa.
  • In Palmetto, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Lamesa.

Utilities

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

Metric Lamesa Palmetto
Electricity Price $14.47 $13.89
Natural Gas Price $26.29 $26.13
Other Utilities $220 $250

Utilities Comparison: Lamesa vs Palmetto

  • Electricity costs are higher in Lamesa at $14.47 per kWh, compared to $13.89 in Palmetto.
  • Natural gas is more expensive in Lamesa at $26.29 per unit, while it is cheaper at $26.13 in Palmetto.
  • Palmetto has higher utility expenses, averaging $250, while Lamesa averages $220.