Panama City Beach, Florida vs. Montgomery, Alabama

Cost of Living Comparison

The cost of living in Montgomery, Alabama is 27.1% cheaper than Panama City Beach, Florida.

You would need a salary of $54,693 in Montgomery, Alabama to maintain the standard of living you have in Panama City Beach, Florida.
Comparison highlights
• Overall, Montgomery, Alabama is cheaper than Panama City Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
73% cheaper in Montgomery
than in Panama City Beach, Florida
Panama City Beach, FL vs. Montgomery, AL
Compared to Panama City Beach, Montgomery is:
  Homeowner
      No Child Care, Taxes not Considered
  27.1% 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
  9.3% lower
  Housing (Homeowner)
  70.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.8% lower
  Commute
  12.3% lower
  Health
  22.0% higher
  Taxes
  Childcare
  Personal
  3.2% lower