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ELK RIVER vs. PANAMA CITY
Cost of Living Comparison

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Cost of Living Calculator - Elk River, Minnesota vs Panama City, Florida

The cost of living in Panama City, Florida is 16.2% cheaper than Elk River, Minnesota.

You would need a salary of $83,791 in Panama City, Florida to maintain the standard of living you have in Elk River, Minnesota.

Comparison highlights

• Overall, Panama City, Florida is cheaper than Elk River, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
30% cheaper in Panama City
than in Elk River, Minnesota

Elk River, MN vs Panama City, FL

Compared to Elk River, Panama City is:

Homeowner

No Child Care, Taxes not Considered

16.2% 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

4.5% lower

Housing (Homeowner)

26.4% lower

Housing (Rent)

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Median Home Cost

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Utilities

5.7% higher

Commute

22.9% lower

Health

31.6% higher

Taxes

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Childcare

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Personal

7.0% lower

Cost of Food

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