Cost of Living: Southlake, TX vs Pana, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Pana |
|---|---|---|
| Housing Index | 145.0 | 75.0 |
| Median Home Price | $668,000 | $135,000 |
| Average Rent (2 BR Apartment) | $2800 | $960 |
| Average Rent (2 BR House) | $2856 | $800 |
Housing Comparison: Southlake vs Pana
- In Southlake, the median home price is higher at $668,000, while in Pana it is $135,000.
- In Pana, the rental for a two-bedroom apartment stands at $960, while it is $2,800 in Southlake.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southlake | Pana |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Southlake vs Pana
- Pana has higher electricity costs at $16.15 per kWh, versus $14.47 in Southlake.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $16.59 in Pana.
- Other utility costs are higher in Southlake at an average of $250, compared to Pana with $220.