Cost of Living: Wendell, NC vs Panacea, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wendell | Panacea |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $327,000 | $351,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1645.6 |
Housing Comparison: Wendell vs Panacea
- The median home price in Panacea is higher at $351,000, compared to $327,000 in Wendell.
- In Panacea, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Wendell.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Wendell | Panacea |
|---|---|---|
| Electricity Price | $13.72 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Wendell vs Panacea
- Panacea has higher electricity costs at $13.89 per kWh, versus $13.72 in Wendell.
- Natural gas price data is currently unavailable.
- Panacea has higher utility expenses, averaging $250, while Wendell averages $200.