Cost of Living: Pana, IL vs Holland, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pana | Holland |
|---|---|---|
| Housing Index | 101.8 | 85.0 |
| Median Home Price | $135,000 | $212,100 |
| Average Rent (2 BR Apartment) | $1707 | $1371 |
| Average Rent (2 BR House) | $1855 | $1490 |
Housing Comparison: Pana vs Holland
- The median home price in Holland is higher at $212,100, compared to $135,000 in Pana.
- Renting a two-bedroom apartment costs more in Pana at $1,707 than in Holland at $1,371.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pana | Holland |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $244 | $250 |
Utilities Comparison: Pana vs Holland
- Holland has higher electricity costs at $19.88 per kWh, versus $16.15 in Pana.
- Natural gas is more expensive in Pana at $16.59 per unit, while it is cheaper at $15.42 in Holland.
- Holland has higher utility expenses, averaging $250, while Pana averages $244.