Cost of Living: Panama city beach, FL vs Griffin, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama city beach | Griffin |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $449,000 | $222,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1624 | $1234 |
Housing Comparison: Panama city beach vs Griffin
- In Panama city beach, the median home price is higher at $449,000, while in Griffin it is $222,000.
- Renting a two-bedroom apartment costs more in Panama city beach at $1,600 than in Griffin 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 | Griffin |
|---|---|---|
| Electricity Price | $13.89 | $15.53 |
| Natural Gas Price | $26.13 | $27.53 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Panama city beach vs Griffin
- Griffin has higher electricity costs at $15.53 per kWh, versus $13.89 in Panama city beach.
- Griffin experiences higher natural gas costs at $27.53 per unit, with costs at $26.13 in Panama city beach.
- Utility expenses are equal in both Panama city beach and Griffin averaging $250.