Cost of Living: Panacea, FL vs Grafton, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panacea | Grafton |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $351,000 | $292,500 |
| Average Rent (2 BR Apartment) | $1600 | $1500 |
| Average Rent (2 BR House) | $1645.6 | $1600 |
Housing Comparison: Panacea vs Grafton
- In Panacea, the median home price is higher at $351,000, while in Grafton it is $292,500.
- Renting a two-bedroom apartment costs more in Panacea at $1,600 than in Grafton 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 | Panacea | Grafton |
|---|---|---|
| Electricity Price | $13.89 | $17.6 |
| Natural Gas Price | $26.13 | $11.5 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Panacea vs Grafton
- Grafton has higher electricity costs at $17.6 per kWh, versus $13.89 in Panacea.
- Natural gas is more expensive in Panacea at $26.13 per unit, while it is cheaper at $11.5 in Grafton.
- Other utility costs are higher in Panacea at an average of $250, compared to Grafton with $200.