Cost of Living: Westbury, NY vs Panacea, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Westbury | Panacea |
|---|---|---|
| Housing Index | 130.0 | 85.0 |
| Median Home Price | $577,500 | $351,000 |
| Average Rent (2 BR Apartment) | $2500 | $1600 |
| Average Rent (2 BR House) | $2045.6 | $1645.6 |
Housing Comparison: Westbury vs Panacea
- In Westbury, the median home price is higher at $577,500, while in Panacea it is $351,000.
- Renting a two-bedroom apartment costs more in Westbury at $2,500 than in Panacea 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 | Westbury | Panacea |
|---|---|---|
| Electricity Price | $26.08 | $13.89 |
| Natural Gas Price | $18.13 | $26.13 |
| Other Utilities | $300 | $250 |
Utilities Comparison: Westbury vs Panacea
- Electricity costs are higher in Westbury at $26.08 per kWh, compared to $13.89 in Panacea.
- Panacea experiences higher natural gas costs at $26.13 per unit, with costs at $18.13 in Westbury.
- Other utility costs are higher in Westbury at an average of $300, compared to Panacea with $250.