2025 Compare Cities Cost of Living:
Panama City Beach, FL vs Richmond, VA

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Highlights
Is it cheaper to live in Richmond or is it cheaper to live in Panama City Beach?
- Richmond is 0.2% less expensive than Panama City Beach.

Which city has more affordable housing, Richmond or Panama City Beach?
- Richmond housing costs are 21.7% less expensive than Panama City Beach housing costs.

Is Health Care more affordable in Panama City Beach or is Health Care more affordable in Richmond.
- Health related expenses are 0.1% more in Richmond.
 Panama City Beach, FLRichmond, VAUnited States
 Overall  Unlock95.2100
 Food & Groceries102.4  Unlock100
 Health  Unlock99.2100
 Housing123.8  Unlock100
 Median Home Cost  Unlock$327,100$338,100
 Utilities106  Unlock100
 Transportation  Unlock83.5100
 Miscellaneous91.7  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Panama City Beach    12 Reviews

Over 6 years ago

I've lived here since 2001 and have seen many changes, mainly for the good. Although in the last couple years, and even more so after Hurricane Michael the cost of  More

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Over 6 years ago

I loved this area until I heard the property owners/corporations increased peoples rents between 30% to 90% that were still recovering from last years  More

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Over 12 years ago

Pannama city lived in the neighboring area 6 years loved it . I think you expect to much from such a small town as for the papermill you either put up with the smell or  More

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Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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