Cost of Living: Panacea, FL vs Charlotte, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panacea | Charlotte |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $351,000 | $364,000 |
| Average Rent (2 BR Apartment) | $1600 | $1600 |
| Average Rent (2 BR House) | $1645.6 | $1640 |
Housing Comparison: Panacea vs Charlotte
- The median home price in Charlotte is higher at $364,000, compared to $351,000 in Panacea.
- The rent for a two-bedroom apartment is equal in both Panacea and Charlotte 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 | Panacea | Charlotte |
|---|---|---|
| Electricity Price | $13.89 | $13.72 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Panacea vs Charlotte
- Electricity costs are higher in Panacea at $13.89 per kWh, compared to $13.72 in Charlotte.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Panacea and Charlotte averaging $250.