Cost of Living: Watertown, SD vs Pana, IL

Housing

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

Metric Watertown Pana
Housing Index 75.0 75.0
Median Home Price $220,000 $135,000
Average Rent (2 BR Apartment) $1200 $960
Average Rent (2 BR House) $1440 $800

Housing Comparison: Watertown vs Pana

  • In Watertown, the median home price is higher at $220,000, while in Pana it is $135,000.
  • In Pana, the rental for a two-bedroom apartment stands at $960, while it is $1,200 in Watertown.

Utilities

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

Metric Watertown Pana
Electricity Price $14.15 $16.15
Natural Gas Price $10.63 $16.59
Other Utilities $250 $220

Utilities Comparison: Watertown vs Pana

  • Pana has higher electricity costs at $16.15 per kWh, versus $14.15 in Watertown.
  • Pana experiences higher natural gas costs at $16.59 per unit, with costs at $10.63 in Watertown.
  • Other utility costs are higher in Watertown at an average of $250, compared to Pana with $220.