Cost of Living: Panama, IA vs Boone, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama | Boone |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $155,000 | $300,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1360 |
Housing Comparison: Panama vs Boone
- The median home price in Boone is higher at $300,000, compared to $155,000 in Panama.
- The rent for a two-bedroom apartment is equal in both Panama and Boone at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Panama | Boone |
|---|---|---|
| Electricity Price | $14.82 | $13.72 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $Data is updating | $150 |
Utilities Comparison: Panama vs Boone
- Electricity costs are higher in Panama at $14.82 per kWh, compared to $13.72 in Boone.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Panama and Boone averaging $0.0.