Cost of Living: Panama, IA vs Tavares, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama | Tavares |
|---|---|---|
| Housing Index | Data is updating | 98.0 |
| Median Home Price | $155,000 | $345,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1700 |
| Average Rent (2 BR House) | $Data is updating | $1744.8 |
Housing Comparison: Panama vs Tavares
- The median home price in Tavares is higher at $345,000, compared to $155,000 in Panama.
- The rent for a two-bedroom apartment is equal in both Panama and Tavares 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 | Tavares |
|---|---|---|
| Electricity Price | $14.82 | $13.89 |
| Natural Gas Price | $15.61 | $26.13 |
| Other Utilities | $Data is updating | $230 |
Utilities Comparison: Panama vs Tavares
- Electricity costs are higher in Panama at $14.82 per kWh, compared to $13.89 in Tavares.
- Tavares experiences higher natural gas costs at $26.13 per unit, with costs at $15.61 in Panama.
- Utility expenses are equal in both Panama and Tavares averaging $0.0.