What is a pro or con of living in Panama City Beach, Floridacompared to Newport, Rhode Island?

Median Home Cost is 35% cheaper in Panama City Beach.

What salary do I need to live in Panama City Beach, Florida copmared to Newport, Rhode Island?

A salary of $75,000 in Newport, Rhode Island could decrease to $56,104 in Panama City Beach, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

NEWPORT vs. PANAMA CITY BEACH
Cost of Living Comparison

Newport, Rhode Island vs. Panama City Beach, Florida

Cost of Living Comparison

The cost of living in Panama City Beach, Florida is 25.2% cheaper than Newport, Rhode Island.

You would need a salary of $56,104 in Panama City Beach, Florida to maintain the standard of living you have in Newport, Rhode Island.

Comparison highlights

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

Median Home Cost
35% cheaper in Panama City Beach
than in Newport, Rhode Island

Newport, RI vs. Panama City Beach, FL

Compared to Newport, Panama City Beach is:

Homeowner

No Child Care, Taxes not Considered

25.2% 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

7.0% lower

Housing (Homeowner)

41.2% lower

Housing (Rent)

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Median Home Cost

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Utilities

5.9% lower

Commute

1.1% higher

Health

13.1% higher

Taxes

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Childcare

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Personal

11.9% lower

Cost of Food

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Newport, Rhode Island vs. Panama City Beach, Florida

Cost of Living Comparison

Comparison highlights

Newport, RI vs. Panama City Beach, FL

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