2025 Compare Cities Cost of Living:
Florence, AL vs Panama City, FL

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Highlights
Is it cheaper to live in Panama City or is it cheaper to live in Florence?
- Panama City is 16.2% more expensive than Florence.

Which city has more affordable housing, Panama City or Florence?
- Panama City housing costs are 46.1% more expensive than Florence housing costs.

Is Health Care more affordable in Florence or is Health Care more affordable in Panama City.
- Health related expenses are 15.9% less in Panama City.
 Florence, ALPanama City, FLUnited States
 Overall  Unlock95.4100
 Food & Groceries92.9  Unlock100
 Health  Unlock99.1100
 Housing47.9  Unlock100
 Median Home Cost  Unlock$252,800$338,100
 Utilities97  Unlock100
 Transportation  Unlock90.0100
 Miscellaneous83.5  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Florence    8 Reviews

Over 15 years ago

I am a 41 yr old female in search of a new life. I am not running I amj ust trying to find myself some happiness and I would like to know what I can rent there to make  More

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Over 15 years ago

A few years ago, while i was still living in Florence, the local newspaper did an article abt why the young educated people were leaving Florence. In my early 20's as i  More

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Over 16 years ago

we will relocate to Alabama, Muscle Shoals, Florence, Sheffield area.We would like a nice town to live in, where our two kids can grow up and would not cost us a  More

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Reviews for Panama City    20 Reviews

Over 3 years ago

I moved here from Akron, OH back in 2007 and was expecting a huge city (similar to Miami), nope, I was wrong. It ended up being more like a backwards redneck town more  More

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Over 4 years ago

If you love bars, trailers, isolation, and generic shopping while feeling depressed then this is the place for you. Panama City has alot of shallow people, most red  More

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This review is from a 24 year resident moved from Michigan. When I first moved, I missed the bigger city things like a university, large library, electronics stores, and  More

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