Miami, Florida vs. Panama City Beach, Florida

Cost of Living Comparison

The cost of living in Panama City Beach, Florida is 13.4% cheaper than Miami, Florida.

You would need a salary of $43,301 in Panama City Beach, Florida to maintain the standard of living you have in Miami, Florida.
Comparison highlights
• Overall, Panama City Beach, Florida is cheaper than Miami, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
9% cheaper in Panama City Beach
than in Miami, Florida
Miami, FL vs. Panama City Beach, FL
Compared to Miami, Panama City Beach is:
  Homeowner
      No Child Care, Taxes not Considered
  13.4% 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
  4.6% lower
  Housing (Homeowner)
  14.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  10.8% higher
  Commute
  35.8% lower
  Health
  4.7% lower
  Taxes
  Childcare
  Personal
  6.9% lower