Cost of Living: Panama city beach, FL vs Blackfoot, ID

Housing

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

Metric Panama city beach Blackfoot
Housing Index 90.0 85.0
Median Home Price $449,000 $288,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1624 $1280

Housing Comparison: Panama city beach vs Blackfoot

  • In Panama city beach, the median home price is higher at $449,000, while in Blackfoot it is $288,000.
  • Renting a two-bedroom apartment costs more in Panama city beach at $1,600 than in Blackfoot at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Panama city beach Blackfoot
Electricity Price $13.89 $12.28
Natural Gas Price $26.13 $9.87
Other Utilities $250 $250

Utilities Comparison: Panama city beach vs Blackfoot

  • Electricity costs are higher in Panama city beach at $13.89 per kWh, compared to $12.28 in Blackfoot.
  • Blackfoot experiences higher natural gas costs at $9.87 per unit, with costs at $26.13 in Panama city beach.
  • Utility expenses are equal in both Panama city beach and Blackfoot averaging $250.