Cost of Living Calculator - Lake Forest, Illinois vs Panama City Beach, Florida


The cost of living in Panama City Beach, Florida is 32.7% cheaper than Lake Forest, Illinois.

You would need a salary of $50,444 in Panama City Beach, Florida to maintain the standard of living you have in Lake Forest, Illinois.
Comparison highlights
• Overall, Panama City Beach, Florida is cheaper than Lake Forest, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
47% cheaper in Panama City Beach
than in Lake Forest, Illinois
Lake Forest, IL vs Panama City Beach, FL
Compared to Lake Forest, Panama City Beach is:
  Homeowner
      No Child Care, Taxes not Considered
  32.7% 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
  5.4% lower
  Housing (Homeowner)
  62.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.6% higher
  Commute
  1.0% lower
  Health
  2.9% higher
  Taxes
  Childcare
  Personal
  11.5% lower

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