What is a pro or con of living in Silver Spring, Marylandcompared to Panama City Beach, Florida?

Median Home Cost is 14% more expensive in Silver Spring.

What salary do I need to live in Silver Spring, Maryland copmared to Panama City Beach, Florida?

A salary of $200,000 in Panama City Beach, Florida should increase to $246,792 in Silver Spring, Maryland (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.

PANAMA CITY BEACH vs. SILVER SPRING
Cost of Living Comparison

Panama City Beach, Florida vs. Silver Spring, Maryland

Cost of Living Comparison

The cost of living in Silver Spring, Maryland is 23.4% more expensive than Panama City Beach, Florida.

You would need a salary of $246,792 in Silver Spring, Maryland to maintain the standard of living you have in Panama City Beach, Florida.

Comparison highlights

• Overall, Silver Spring, Maryland is more expensive than Panama City Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
14% more expensive in Silver Spring
than in Panama City Beach, Florida

Panama City Beach, FL vs. Silver Spring, MD

Compared to Panama City Beach, Silver Spring is:

Homeowner

No Child Care, Taxes not Considered

23.4% 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

10.1% higher

Housing (Homeowner)

43.8% higher

Housing (Rent)

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Median Home Cost

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Utilities

3.4% higher

Commute

51.8% higher

Health

12.4% lower

Taxes

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Childcare

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Personal

1.0% higher

Cost of Food

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Panama City Beach, Florida vs. Silver Spring, Maryland

Cost of Living Comparison

Comparison highlights

Panama City Beach, FL vs. Silver Spring, MD

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