Cost of Living: Panacea, FL vs Muscadine, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panacea | Muscadine |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $351,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1645.6 | $Data is updating |
Housing Comparison: Panacea vs Muscadine
- In Panacea, the median home price is higher at $351,000, while in Muscadine it is $150,000.
- The rent for a two-bedroom apartment is equal in both Panacea and Muscadine 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 | Muscadine |
|---|---|---|
| Electricity Price | $13.89 | $15.03 |
| Natural Gas Price | $26.13 | $21.76 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Panacea vs Muscadine
- Muscadine has higher electricity costs at $15.03 per kWh, versus $13.89 in Panacea.
- Natural gas is more expensive in Panacea at $26.13 per unit, while it is cheaper at $21.76 in Muscadine.
- Utility expenses are equal in both Panacea and Muscadine averaging $250.