Cost of Living: Pana, IL vs Montour falls, NY

Housing

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

Metric Pana Montour falls
Housing Index 75.0 120.0
Median Home Price $135,000 $120,000
Average Rent (2 BR Apartment) $960 $1600
Average Rent (2 BR House) $800 $1645

Housing Comparison: Pana vs Montour falls

  • In Pana, the median home price is higher at $135,000, while in Montour falls it is $120,000.
  • Renting a two-bedroom apartment costs more in Pana at $960 than in Montour falls 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 Pana Montour falls
Electricity Price $16.15 $26.08
Natural Gas Price $16.59 $18.13
Other Utilities $220 $250

Utilities Comparison: Pana vs Montour falls

  • Montour falls has higher electricity costs at $26.08 per kWh, versus $16.15 in Pana.
  • Montour falls experiences higher natural gas costs at $18.13 per unit, with costs at $16.59 in Pana.
  • Montour falls has higher utility expenses, averaging $250, while Pana averages $220.