Cost of Living: Millen, GA vs Panacea, FL

Housing

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

Metric Millen Panacea
Housing Index 85.5 85.0
Median Home Price $175,000 $351,000
Average Rent (2 BR Apartment) $1280 $1600
Average Rent (2 BR House) $1350 $1645.6

Housing Comparison: Millen vs Panacea

  • The median home price in Panacea is higher at $351,000, compared to $175,000 in Millen.
  • In Panacea, the rental for a two-bedroom apartment stands at $1,600, while it is $1,280 in Millen.

Utilities

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

Metric Millen Panacea
Electricity Price $15.53 $13.89
Natural Gas Price $27.53 $26.13
Other Utilities $220 $250

Utilities Comparison: Millen vs Panacea

  • Electricity costs are higher in Millen at $15.53 per kWh, compared to $13.89 in Panacea.
  • Natural gas is more expensive in Millen at $27.53 per unit, while it is cheaper at $26.13 in Panacea.
  • Panacea has higher utility expenses, averaging $250, while Millen averages $220.