Cost of Living: Winchester, VA vs Panama, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Winchester | Panama |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $348,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Winchester vs Panama
- In Winchester, the median home price is higher at $348,000, while in Panama it is $155,000.
- The rent for a two-bedroom apartment is equal in both Winchester and Panama at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Winchester | Panama |
|---|---|---|
| Electricity Price | $15.31 | $14.82 |
| Natural Gas Price | $19.91 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Winchester vs Panama
- Electricity costs are higher in Winchester at $15.31 per kWh, compared to $14.82 in Panama.
- Natural gas is more expensive in Winchester at $19.91 per unit, while it is cheaper at $15.61 in Panama.
- Utility expenses are equal in both Winchester and Panama averaging $250.