Groton, Connecticut vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 16.2% cheaper than Groton, Connecticut.

You would need a salary of $74,239 in Panama City, Florida to maintain the standard of living you have in Groton, Connecticut.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Groton, Connecticut
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% cheaper in Panama City
than in Groton, Connecticut
Groton, CT vs. Panama City, FL
Compared to Groton, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  16.2% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  8.7% lower
  Housing (Homeowner)
  14.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.0% lower
  Commute
  8.0% lower
  Health
  11.8% lower
  Taxes
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  Childcare
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  Personal
  8.3% lower
Cost of Food
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