Cost of Living: Panama city beach, FL vs Rising star, TX

Housing

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

Metric Panama city beach Rising star
Housing Index 90.0 90.0
Median Home Price $449,000 $230,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1624 $1360

Housing Comparison: Panama city beach vs Rising star

  • In Panama city beach, the median home price is higher at $449,000, while in Rising star it is $230,000.
  • Renting a two-bedroom apartment costs more in Panama city beach at $1,600 than in Rising star 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 Rising star
Electricity Price $13.89 $14.47
Natural Gas Price $26.13 $26.29
Other Utilities $250 $200

Utilities Comparison: Panama city beach vs Rising star

  • Rising star has higher electricity costs at $14.47 per kWh, versus $13.89 in Panama city beach.
  • Rising star experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Panama city beach.
  • Other utility costs are higher in Panama city beach at an average of $250, compared to Rising star with $200.