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

Change Cities
Highlights
Is it cheaper to live in Miami Beach or is it cheaper to live in Panama City?
- Miami Beach is 24.6% more expensive than Panama City.

Which city has more affordable housing, Miami Beach or Panama City?
- Miami Beach housing costs are 83.9% more expensive than Panama City housing costs.

Is Health Care more affordable in Panama City or is Health Care more affordable in Miami Beach.
- Health related expenses are 4.9% more in Miami Beach.
 Panama City, FLMiami Beach, FLUnited States
 Overall  Unlock118.9100
 Food & Groceries96.5  Unlock100
 Health  Unlock104.0100
 Housing70.0  Unlock100
 Median Home Cost  Unlock$482,600$338,100
 Utilities106  Unlock100
 Transportation  Unlock132.2100
 Miscellaneous92.1  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
DID YOU KNOW?

In order to keep your same standard of living your salary can vary greatly - whether you buy or rent, require child care, or want to include taxes. This is why we are now offering a Premium Salary & Cost of Living Calculator.

Our Premium Calculator Includes:
- Compare Cities cost of living across 9 different categories
- Personal salary calculations can optionally include Home ownership or rental, Child care, and Taxes (with details on state and local sales, income, property and automobile taxes)
- Includes the cost of Child Care for toddlers or infants, at a day care center or home care
- Grocery prices, detailed for 29 staple items in six categories
- Difference in cost of Utilities, including electric, gas and fuel oil
- Health Care Premiums and hospital expenses for major surgeries
- Taxes, Fees and Expenses you should know about, such as local car insurance rates, automobile taxes and registration, commuting costs.
- and 100s of other items you should consider before you relocate

Upgrade to Premium | See Example

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Panama City

Reviews for Miami Beach    15 Reviews

I like it cause its walkable. Bert in general doesn't know much and the biggest problem in Miami Beach is rising oceans. Just Google that. Its a nice place to visit  More

   |    Reply

Over 8 years ago

Great place to live, eat and spend holidays with  More

   |    Reply

Over 9 years ago

Life here are extremely expensive, I lived here 1 year ago, and this's my opinion, bad things, the parking are the worst in Miami Area, there are no space, a lot of  More

   |    Reply

Start Your Review of Miami Beach


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.