What is a pro or con of living in Panama City Beach, Floridacompared to Murphy, North Carolina?

Median Home Cost is 74% more expensive in Panama City Beach.

What salary do I need to live in Panama City Beach, Florida copmared to Murphy, North Carolina?

A salary of $30,000 in Murphy, North Carolina should increase to $38,175 in Panama City Beach, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

MURPHY vs. PANAMA CITY BEACH
Cost of Living Comparison

Murphy, North Carolina vs. Panama City Beach, Florida

Cost of Living Comparison

The cost of living in Panama City Beach, Florida is 27.3% more expensive than Murphy, North Carolina.

You would need a salary of $38,175 in Panama City Beach, Florida to maintain the standard of living you have in Murphy, North Carolina.

Comparison highlights

• Overall, Panama City Beach, Florida is more expensive than Murphy, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
74% more expensive in Panama City Beach
than in Murphy, North Carolina

Murphy, NC vs. Panama City Beach, FL

Compared to Murphy, Panama City Beach is:

Homeowner

No Child Care, Taxes not Considered

27.3% higher

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

5.9% higher

Housing (Homeowner)

82.8% higher

Housing (Rent)

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Median Home Cost

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Utilities

6.3% higher

Commute

27.8% higher

Health

20.2% lower

Taxes

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Childcare

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Personal

5.3% higher

Cost of Food

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Murphy, North Carolina vs. Panama City Beach, Florida

Cost of Living Comparison

Comparison highlights

Murphy, NC vs. Panama City Beach, FL

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