Panama City Beach, Florida vs. Morristown, New Jersey

Cost of Living Comparison

The cost of living in Morristown, New Jersey is 41.0% more expensive than Panama City Beach, Florida.

You would need a salary of $105,778 in Morristown, New Jersey to maintain the standard of living you have in Panama City Beach, Florida.
Comparison highlights
• Overall, Morristown, New Jersey is more expensive than Panama City Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
53% more expensive in Morristown
than in Panama City Beach, Florida
Panama City Beach, FL vs. Morristown, NJ
Compared to Panama City Beach, Morristown is:
  Homeowner
      No Child Care, Taxes not Considered
  41.0% 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
  6.3% higher
  Housing (Homeowner)
  53.1% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.1% lower
  Commute
  37.3% higher
  Health
  0.3% higher
  Taxes
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  Childcare
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  Personal
  24.0% higher
Cost of Food
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