Cost of Living: Panacea, FL vs Corwith, IA

Housing

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

Metric Panacea Corwith
Housing Index 85.0 Data is updating
Median Home Price $351,000 $72,250
Average Rent (2 BR Apartment) $1600 $Data is updating
Average Rent (2 BR House) $1645.6 $Data is updating

Housing Comparison: Panacea vs Corwith

  • In Panacea, the median home price is higher at $351,000, while in Corwith it is $72,250.
  • The rent for a two-bedroom apartment is equal in both Panacea and Corwith 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 Corwith
Electricity Price $13.89 $14.82
Natural Gas Price $26.13 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Panacea vs Corwith

  • Corwith has higher electricity costs at $14.82 per kWh, versus $13.89 in Panacea.
  • Natural gas is more expensive in Panacea at $26.13 per unit, while it is cheaper at $15.61 in Corwith.
  • Utility expenses are equal in both Panacea and Corwith averaging $250.