Cost of Living: Panama city beach, FL vs Greenwood, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama city beach | Greenwood |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $449,000 | $287,500 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1624 | $1300 |
Housing Comparison: Panama city beach vs Greenwood
- In Panama city beach, the median home price is higher at $449,000, while in Greenwood it is $287,500.
- Renting a two-bedroom apartment costs more in Panama city beach at $1,600 than in Greenwood 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 | Greenwood |
|---|---|---|
| Electricity Price | $13.89 | $14.89 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Panama city beach vs Greenwood
- Greenwood has higher electricity costs at $14.89 per kWh, versus $13.89 in Panama city beach.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Panama city beach and Greenwood averaging $250.