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MERRITT ISLAND vs. PANAMA CITY
Cost of Living Comparison

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Cost of Living Calculator - Merritt Island, Florida vs Panama City, Florida

The cost of living in Panama City, Florida is 14.8% cheaper than Merritt Island, Florida.

You would need a salary of $63,934 in Panama City, Florida to maintain the standard of living you have in Merritt Island, Florida.

Comparison highlights

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

Median Home Cost
41% cheaper in Panama City
than in Merritt Island, Florida

Merritt Island, FL vs Panama City, FL

Compared to Merritt Island, Panama City is:

Homeowner

No Child Care, Taxes not Considered

14.8% 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

6.6% lower

Housing (Homeowner)

32.0% lower

Housing (Rent)

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Median Home Cost

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Utilities

8.5% higher

Commute

4.2% higher

Health

0.8% lower

Taxes

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Childcare

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Personal

0.9% lower

Cost of Food

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