Chicago, Illinois vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 17.7% cheaper than Chicago, Illinois.

You would need a salary of $32,924 in Panama City, Florida to maintain the standard of living you have in Chicago, Illinois.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Chicago, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
11% cheaper in Panama City
than in Chicago, Illinois
Chicago, IL vs. Panama City, FL
Compared to Chicago, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  17.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.7% lower
  Housing (Homeowner)
  16.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  14.1% higher
  Commute
  35.0% lower
  Health
  12.6% higher
  Taxes
  Childcare
  Personal
  8.0% lower