Hoover, Alabama vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 16.5% cheaper than Hoover, Alabama.

You would need a salary of $41,737 in Panama City, Florida to maintain the standard of living you have in Hoover, Alabama.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Hoover, Alabama
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
33% cheaper in Panama City
than in Hoover, Alabama
Hoover, AL vs. Panama City, FL
Compared to Hoover, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  16.5% 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
  5.5% lower
  Housing (Homeowner)
  31.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.5% higher
  Commute
  0.8% higher
  Health
  18.8% lower
  Taxes
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  Childcare
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  Personal
  3.4% higher
Cost of Food
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