Garrett, IL vs Panola, IL
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.
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Climate
NOAA 30-year normals (1991-2020)