Cost of Living Calculator - Carmel, Indiana vs Panama City Beach, Florida


The cost of living in Panama City Beach, Florida is 7.4% cheaper than Carmel, Indiana.

You would need a salary of $69,436 in Panama City Beach, Florida to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Panama City Beach, Florida is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
4% cheaper in Panama City Beach
than in Carmel, Indiana
Carmel, IN vs Panama City Beach, FL
Compared to Carmel, Panama City Beach is:
  Homeowner
      No Child Care, Taxes not Considered
  7.4% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  1.2% higher
  Housing (Homeowner)
  19.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  17.8% higher
  Commute
  2.5% higher
  Health
  0.4% lower
  Taxes
  Childcare
  Personal
  11.4% lower

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