Cost of Living: Panama city beach, FL vs Delmar, DE

Housing

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

Metric Panama city beach Delmar
Housing Index 90.0 Data is updating
Median Home Price $449,000 $250,000
Average Rent (2 BR Apartment) $1600 $Data is updating
Average Rent (2 BR House) $1624 $Data is updating

Housing Comparison: Panama city beach vs Delmar

  • In Panama city beach, the median home price is higher at $449,000, while in Delmar it is $250,000.
  • The rent for a two-bedroom apartment is equal in both Panama city beach and Delmar 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 Panama city beach Delmar
Electricity Price $13.89 $16.29
Natural Gas Price $26.13 $17.77
Other Utilities $250 $Data is updating

Utilities Comparison: Panama city beach vs Delmar

  • Delmar has higher electricity costs at $16.29 per kWh, versus $13.89 in Panama city beach.
  • Natural gas is more expensive in Panama city beach at $26.13 per unit, while it is cheaper at $17.77 in Delmar.
  • Utility expenses are equal in both Panama city beach and Delmar averaging $250.