Cost of Living: Essex, MD vs Pana, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Essex | Pana |
|---|---|---|
| Housing Index | 119.8 | 101.8 |
| Median Home Price | $351,000 | $135,000 |
| Average Rent (2 BR Apartment) | $1720 | $1707 |
| Average Rent (2 BR House) | $1870 | $1855 |
Housing Comparison: Essex vs Pana
- In Essex, the median home price is higher at $351,000, while in Pana it is $135,000.
- Renting a two-bedroom apartment costs more in Essex at $1,720 than in Pana at $1,707.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Essex | Pana |
|---|---|---|
| Electricity Price | $17.41 | $16.15 |
| Natural Gas Price | $18.44 | $16.59 |
| Other Utilities | $252 | $244 |
Utilities Comparison: Essex vs Pana
- Electricity costs are higher in Essex at $17.41 per kWh, compared to $16.15 in Pana.
- Natural gas is more expensive in Essex at $18.44 per unit, while it is cheaper at $16.59 in Pana.
- Other utility costs are higher in Essex at an average of $252, compared to Pana with $244.