Cost of Living: Panama city, FL vs Bellflower, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama city | Bellflower |
|---|---|---|
| Housing Index | 101.5 | 135.0 |
| Median Home Price | $288,000 | $650,000 |
| Average Rent (2 BR Apartment) | $1500 | $2400 |
| Average Rent (2 BR House) | $1536 | $2456 |
Housing Comparison: Panama city vs Bellflower
- The median home price in Bellflower is higher at $650,000, compared to $288,000 in Panama city.
- In Bellflower, the rental for a two-bedroom apartment stands at $2,400, while it is $1,500 in Panama city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Panama city | Bellflower |
|---|---|---|
| Electricity Price | $13.89 | $32.99 |
| Natural Gas Price | $26.13 | $16.99 |
| Other Utilities | $250 | $290 |
Utilities Comparison: Panama city vs Bellflower
- Bellflower has higher electricity costs at $32.99 per kWh, versus $13.89 in Panama city.
- Natural gas is more expensive in Panama city at $26.13 per unit, while it is cheaper at $16.99 in Bellflower.
- Bellflower has higher utility expenses, averaging $290, while Panama city averages $250.