Cost of Living: Panama city beach, FL vs Corsicana, TX

Housing

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

Metric Panama city beach Corsicana
Housing Index 90.0 85.0
Median Home Price $449,000 $153,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1624 $1360

Housing Comparison: Panama city beach vs Corsicana

  • In Panama city beach, the median home price is higher at $449,000, while in Corsicana it is $153,000.
  • Renting a two-bedroom apartment costs more in Panama city beach at $1,600 than in Corsicana 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 Corsicana
Electricity Price $13.89 $14.47
Natural Gas Price $26.13 $26.29
Other Utilities $250 $250

Utilities Comparison: Panama city beach vs Corsicana

  • Corsicana has higher electricity costs at $14.47 per kWh, versus $13.89 in Panama city beach.
  • Corsicana experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Panama city beach.
  • Utility expenses are equal in both Panama city beach and Corsicana averaging $250.