Cost of Living: Palmetto, FL vs Toccoa, GA

Housing

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

Metric Palmetto Toccoa
Housing Index 115.0 90.0
Median Home Price $285,000 $226,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1825 $1300

Housing Comparison: Palmetto vs Toccoa

  • In Palmetto, the median home price is higher at $285,000, while in Toccoa it is $226,000.
  • Renting a two-bedroom apartment costs more in Palmetto at $1,800 than in Toccoa 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 Palmetto Toccoa
Electricity Price $13.89 $15.53
Natural Gas Price $26.13 $27.53
Other Utilities $250 $200

Utilities Comparison: Palmetto vs Toccoa

  • Toccoa has higher electricity costs at $15.53 per kWh, versus $13.89 in Palmetto.
  • Toccoa experiences higher natural gas costs at $27.53 per unit, with costs at $26.13 in Palmetto.
  • Other utility costs are higher in Palmetto at an average of $250, compared to Toccoa with $200.