Cost of Living: Lewisville, TX vs Panacea, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lewisville | Panacea |
|---|---|---|
| Housing Index | 98.0 | 85.0 |
| Median Home Price | $368,100 | $351,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1870 | $1645.6 |
Housing Comparison: Lewisville vs Panacea
- In Lewisville, the median home price is higher at $368,100, while in Panacea it is $351,000.
- Renting a two-bedroom apartment costs more in Lewisville at $1,800 than in Panacea at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lewisville | Panacea |
|---|---|---|
| Electricity Price | $14.47 | $13.89 |
| Natural Gas Price | $26.29 | $26.13 |
| Other Utilities | $225 | $250 |
Utilities Comparison: Lewisville vs Panacea
- Electricity costs are higher in Lewisville at $14.47 per kWh, compared to $13.89 in Panacea.
- Natural gas is more expensive in Lewisville at $26.29 per unit, while it is cheaper at $26.13 in Panacea.
- Panacea has higher utility expenses, averaging $250, while Lewisville averages $225.