Rio Rancho, New Mexico vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 6.0% cheaper than Rio Rancho, New Mexico.

You would need a salary of $47,021 in Panama City, Florida to maintain the standard of living you have in Rio Rancho, New Mexico.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Rio Rancho, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
18% cheaper in Panama City
than in Rio Rancho, New Mexico
Rio Rancho, NM vs. Panama City, FL
Compared to Rio Rancho, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  6.0% lower
      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
  1.2% higher
  Housing (Homeowner)
  1.3% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.3% higher
  Commute
  9.7% lower
  Health
  23.7% higher
  Taxes
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  Childcare
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  Personal
  4.4% lower
Cost of Food
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