Schaumburg, Illinois vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 17.7% cheaper than Schaumburg, Illinois.

You would need a salary of $41,155 in Panama City, Florida to maintain the standard of living you have in Schaumburg, Illinois.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Schaumburg, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
7% cheaper in Panama City
than in Schaumburg, Illinois
Schaumburg, IL vs. Panama City, FL
Compared to Schaumburg, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  17.7% 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
  0.5% lower
  Housing (Homeowner)
  20.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.9% higher
  Commute
  28.2% lower
  Health
  12.6% higher
  Taxes
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  Childcare
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  Personal
  9.2% lower
Cost of Food
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