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Garrett, IL vs Panola, IL

63
Garrett
Illinois
VS
-22.5%
81
Panola
Illinois

There is a significant gap in the cost of living between these two cities. Garrett is 22.5% cheaper than Panola. With a cost index of 63 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Garrett to Panola should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Garrett are $95,000 compared to $123,200 in Panola, a 23% gap.

Median household income in Garrett is $68,214 compared to $78,750 in Panola (-13.4%). The higher salaries in Panola partially offset the cost difference, but don't fully close the gap.

Climate-wise, both cities share similar average temperatures (51.1°F vs 52.7°F). Garrett receives more rainfall at 39.6" per year compared to 37.6" in Panola.

Income & Cost

Cost of Living Index
Garrett
63
23% cheaper
Panola
81
Median Household Income
Garrett
$68,214
Panola
$78,750
13% higher

Housing

Median Rent
Garrett
$770
Panola
Median Home Value
Garrett
$95,000
23% cheaper
Panola
$123,200
Population
Garrett
92
Panola
32

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Garrett $2.85
Panola $2.85
US $3.07
🥚
Eggs (grade A, large)
Garrett $2.33
Panola $2.33
US $2.50
🥛
Milk (whole)
Garrett $3.75
Panola $3.75
US $4.03
🍞
Bread (white)
Garrett $1.72
Panola $1.72
US $1.85
🍗
Chicken breast
Garrett $3.86
Panola $3.86
US $4.14
Electricity
Garrett $0.17
Panola $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Garrett 51.1°F
Panola 52.7°F
Summer High
Garrett 84°F
Panola 86°F
Winter Low
Garrett 17°F
Panola 18°F
Rainfall
Garrett 39.6"
Panola 37.6"
Rainy Days
Garrett 135d
Panola 117d