Cost of Living: Oglethorpe, GA vs Panama city beach, FL

Housing

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

Metric Oglethorpe Panama city beach
Housing Index 94.5 120.5
Median Home Price $125,000 $449,000
Average Rent (2 BR Apartment) $1687 $1775
Average Rent (2 BR House) $1834 $1930

Housing Comparison: Oglethorpe vs Panama city beach

  • The median home price in Panama city beach is higher at $449,000, compared to $125,000 in Oglethorpe.
  • In Panama city beach, the rental for a two-bedroom apartment stands at $1,775, while it is $1,687 in Oglethorpe.

Utilities

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

Metric Oglethorpe Panama city beach
Electricity Price $15.53 $13.89
Natural Gas Price $27.53 $26.13
Other Utilities $226 $250

Utilities Comparison: Oglethorpe vs Panama city beach

  • Electricity costs are higher in Oglethorpe at $15.53 per kWh, compared to $13.89 in Panama city beach.
  • Natural gas is more expensive in Oglethorpe at $27.53 per unit, while it is cheaper at $26.13 in Panama city beach.
  • Panama city beach has higher utility expenses, averaging $250, while Oglethorpe averages $226.