Panama City, Florida vs. Royal Oak, Michigan

Cost of Living Comparison

The cost of living in Royal Oak, Michigan is 14.9% more expensive than Panama City, Florida.

You would need a salary of $57,466 in Royal Oak, Michigan to maintain the standard of living you have in Panama City, Florida.
Comparison highlights
• Overall, Royal Oak, Michigan is more expensive than Panama City, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
11% more expensive in Royal Oak
than in Panama City, Florida
Panama City, FL vs. Royal Oak, MI
Compared to Panama City, Royal Oak is:
  Homeowner
      No Child Care, Taxes not Considered
  14.9% 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
  2.0% higher
  Housing (Homeowner)
  29.4% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.2% lower
  Commute
  26.6% higher
  Health
  19.4% lower
  Taxes
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  Childcare
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  Personal
  10.4% higher
Cost of Food
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