Cost of Living: Panora, IA vs Covert, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panora | Covert |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $185,000 | $170,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Panora vs Covert
- In Panora, the median home price is higher at $185,000, while in Covert it is $170,000.
- The rent for a two-bedroom apartment is equal in both Panora and Covert 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 | Panora | Covert |
|---|---|---|
| Electricity Price | $14.82 | $19.88 |
| Natural Gas Price | $15.61 | $15.42 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Panora vs Covert
- Covert has higher electricity costs at $19.88 per kWh, versus $14.82 in Panora.
- Natural gas is more expensive in Panora at $15.61 per unit, while it is cheaper at $15.42 in Covert.
- Utility expenses are equal in both Panora and Covert averaging $0.0.