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Cost of Living in Panama City, FL

93.3
Affordable · National average is 100

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$57,221
Median Income
$1,221/mo
Median Rent
$213,600
Median Home
34,254
Population

Cost Breakdown

🏠Housing
105
0Nat'l Avg (100)200
🛒Groceries
91
0Nat'l Avg (100)200
🚗Transportation
100.6
0Nat'l Avg (100)200
🏥Healthcare
90.4
0Nat'l Avg (100)200
⚡Utilities
94.9
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$952
est.
$1,074
est.
$1,221$1,563
est.
$1,783
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Panama City with cities in the area

Springfield, FL
Very Affordable
83.9
Lynn Haven, FL
Above Average
107.8
Callaway, FL
Affordable
90.9
Parker, FL
Affordable
87.9
Mexico Beach, FL
Above Average
113
Panama City Beach, FL
Expensive
124.7
Compare Panama City vs SpringfieldCompare Panama City vs Lynn HavenCompare Panama City vs Callaway