Memphis, Tennessee vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 14.1% more expensive than Memphis, Tennessee.

You would need a salary of $34,219 in Panama City, Florida to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Panama City, Florida is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
70% more expensive in Panama City
than in Memphis, Tennessee
Memphis, TN vs. Panama City, FL
Compared to Memphis, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  14.1% higher
      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
  3.4% higher
  Housing (Homeowner)
  122.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.0% higher
  Commute
  4.8% lower
  Health
  2.4% higher
  Taxes
  Childcare
  Personal
  12.0% higher