Cost of Living: Panama city beach, FL vs Pasadena, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama city beach | Pasadena |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $449,000 | $329,000 |
| Average Rent (2 BR Apartment) | $1600 | $1800 |
| Average Rent (2 BR House) | $1624 | $2000 |
Housing Comparison: Panama city beach vs Pasadena
- In Panama city beach, the median home price is higher at $449,000, while in Pasadena it is $329,000.
- In Pasadena, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Panama city beach.
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 | Pasadena |
|---|---|---|
| Electricity Price | $13.89 | $17.41 |
| Natural Gas Price | $26.13 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Panama city beach vs Pasadena
- Pasadena has higher electricity costs at $17.41 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 $18.44 in Pasadena.
- Utility expenses are equal in both Panama city beach and Pasadena averaging $250.