Cost of Living: New iberia, LA vs Panama, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New iberia | Panama |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $155,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: New iberia vs Panama
- The median home price is the same in both New iberia and Panama at $155,000.
- The rent for a two-bedroom apartment is equal in both New iberia 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 | New iberia | Panama |
|---|---|---|
| Electricity Price | $11.42 | $14.82 |
| Natural Gas Price | $19.48 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: New iberia vs Panama
- Panama has higher electricity costs at $14.82 per kWh, versus $11.42 in New iberia.
- Natural gas is more expensive in New iberia at $19.48 per unit, while it is cheaper at $15.61 in Panama.
- Utility expenses are equal in both New iberia and Panama averaging $250.