Cost of Living: Pana, IL vs Central city, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pana | Central city |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $135,000 | $117,000 |
| Average Rent (2 BR Apartment) | $960 | $1500 |
| Average Rent (2 BR House) | $800 | $1600 |
Housing Comparison: Pana vs Central city
- In Pana, the median home price is higher at $135,000, while in Central city it is $117,000.
- Renting a two-bedroom apartment costs more in Pana at $960 than in Central city at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pana | Central city |
|---|---|---|
| Electricity Price | $16.15 | $12.87 |
| Natural Gas Price | $16.59 | $22.78 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Pana vs Central city
- Electricity costs are higher in Pana at $16.15 per kWh, compared to $12.87 in Central city.
- Central city experiences higher natural gas costs at $22.78 per unit, with costs at $16.59 in Pana.
- Central city has higher utility expenses, averaging $250, while Pana averages $220.