Mount Laurel, New Jersey vs. Panama City, Florida

Cost of Living Comparison

The cost of living in Panama City, Florida is 15.9% cheaper than Mount Laurel, New Jersey.

You would need a salary of $42,055 in Panama City, Florida to maintain the standard of living you have in Mount Laurel, New Jersey.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Mount Laurel, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
22% cheaper in Panama City
than in Mount Laurel, New Jersey
Mount Laurel, NJ vs. Panama City, FL
Compared to Mount Laurel, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  15.9% 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
  8.1% lower
  Housing (Homeowner)
  21.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.7% lower
  Commute
  21.0% lower
  Health
  2.8% higher
  Taxes
  Childcare
  Personal
  9.0% lower