Cost of Living: Panama city beach, FL vs Watauga, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama city beach | Watauga |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $449,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1600 | $1600 |
| Average Rent (2 BR House) | $1624 | $1640 |
Housing Comparison: Panama city beach vs Watauga
- In Panama city beach, the median home price is higher at $449,000, while in Watauga it is $305,000.
- The rent for a two-bedroom apartment is equal in both Panama city beach and Watauga 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 | Watauga |
|---|---|---|
| Electricity Price | $13.89 | $14.47 |
| Natural Gas Price | $26.13 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Panama city beach vs Watauga
- Watauga has higher electricity costs at $14.47 per kWh, versus $13.89 in Panama city beach.
- Watauga experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Panama city beach.
- Utility expenses are equal in both Panama city beach and Watauga averaging $250.