Cost of Living: Panama, OK vs Lake leelanau, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama | Lake leelanau |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $120,000 | $393,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Panama vs Lake leelanau
- The median home price in Lake leelanau is higher at $393,000, compared to $120,000 in Panama.
- The rent for a two-bedroom apartment is equal in both Panama and Lake leelanau 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 | Lake leelanau |
|---|---|---|
| Electricity Price | $12.37 | $19.88 |
| Natural Gas Price | $20.27 | $15.42 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Panama vs Lake leelanau
- Lake leelanau has higher electricity costs at $19.88 per kWh, versus $12.37 in Panama.
- Natural gas is more expensive in Panama at $20.27 per unit, while it is cheaper at $15.42 in Lake leelanau.
- Utility expenses are equal in both Panama and Lake leelanau averaging $0.0.