Cost of Living: Young harris, GA vs Panama city, FL

Housing

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

Metric Young harris Panama city
Housing Index 90.0 101.5
Median Home Price $259,000 $288,000
Average Rent (2 BR Apartment) $1200 $1500
Average Rent (2 BR House) $1231 $1536

Housing Comparison: Young harris vs Panama city

  • The median home price in Panama city is higher at $288,000, compared to $259,000 in Young harris.
  • In Panama city, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Young harris.

Utilities

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

Metric Young harris Panama city
Electricity Price $15.53 $13.89
Natural Gas Price $27.53 $26.13
Other Utilities $200 $250

Utilities Comparison: Young harris vs Panama city

  • Electricity costs are higher in Young harris at $15.53 per kWh, compared to $13.89 in Panama city.
  • Natural gas is more expensive in Young harris at $27.53 per unit, while it is cheaper at $26.13 in Panama city.
  • Panama city has higher utility expenses, averaging $250, while Young harris averages $200.