Cost of Living: Panama, IA vs Pontiac, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama | Pontiac |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $155,000 | $162,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Panama vs Pontiac
- The median home price in Pontiac is higher at $162,500, compared to $155,000 in Panama.
- The rent for a two-bedroom apartment is equal in both Panama and Pontiac 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 | Pontiac |
|---|---|---|
| Electricity Price | $14.82 | $16.15 |
| Natural Gas Price | $15.61 | $16.59 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Panama vs Pontiac
- Pontiac has higher electricity costs at $16.15 per kWh, versus $14.82 in Panama.
- Pontiac experiences higher natural gas costs at $16.59 per unit, with costs at $15.61 in Panama.
- Utility expenses are equal in both Panama and Pontiac averaging $0.0.