Cost of Living: Pequot lakes, MN vs Pana, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pequot lakes | Pana |
|---|---|---|
| Housing Index | 90.0 | 75.0 |
| Median Home Price | $290,000 | $135,000 |
| Average Rent (2 BR Apartment) | $1160 | $960 |
| Average Rent (2 BR House) | $1200 | $800 |
Housing Comparison: Pequot lakes vs Pana
- In Pequot lakes, the median home price is higher at $290,000, while in Pana it is $135,000.
- In Pana, the rental for a two-bedroom apartment stands at $960, while it is $1,160 in Pequot lakes.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pequot lakes | Pana |
|---|---|---|
| Electricity Price | $16.38 | $16.15 |
| Natural Gas Price | $14.87 | $16.59 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Pequot lakes vs Pana
- Electricity costs are higher in Pequot lakes at $16.38 per kWh, compared to $16.15 in Pana.
- Pana experiences higher natural gas costs at $16.59 per unit, with costs at $14.87 in Pequot lakes.
- Pana has higher utility expenses, averaging $220, while Pequot lakes averages $200.