Cost of Living: Vineland, NJ vs Panama city beach, FL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Vineland Panama city beach
Housing Index 110.0 90.0
Median Home Price $275,000 $449,000
Average Rent (2 BR Apartment) $1800 $1600
Average Rent (2 BR House) $1840 $1624

Housing Comparison: Vineland vs Panama city beach

  • The median home price in Panama city beach is higher at $449,000, compared to $275,000 in Vineland.
  • Renting a two-bedroom apartment costs more in Vineland at $1,800 than in Panama city beach at $1,600.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Vineland Panama city beach
Electricity Price $19.88 $13.89
Natural Gas Price $14.01 $26.13
Other Utilities $250 $250

Utilities Comparison: Vineland vs Panama city beach

  • Electricity costs are higher in Vineland at $19.88 per kWh, compared to $13.89 in Panama city beach.
  • Panama city beach experiences higher natural gas costs at $26.13 per unit, with costs at $14.01 in Vineland.
  • Utility expenses are equal in both Vineland and Panama city beach averaging $250.