What is a pro or con of living in Panama City Beach, Floridacompared to Norwood, Massachusetts?

Median Home Cost is 23% cheaper in Panama City Beach.

What salary do I need to live in Panama City Beach, Florida copmared to Norwood, Massachusetts?

A salary of $75,000 in Norwood, Massachusetts could decrease to $56,223 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.

NORWOOD vs. PANAMA CITY BEACH
Cost of Living Comparison

Norwood, Massachusetts vs. Panama City Beach, Florida

Cost of Living Comparison

The cost of living in Panama City Beach, Florida is 25.0% cheaper than Norwood, Massachusetts.

You would need a salary of $56,223 in Panama City Beach, Florida to maintain the standard of living you have in Norwood, Massachusetts.

Comparison highlights

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

Median Home Cost
23% cheaper in Panama City Beach
than in Norwood, Massachusetts

Norwood, MA vs. Panama City Beach, FL

Compared to Norwood, Panama City Beach is:

Homeowner

No Child Care, Taxes not Considered

25.0% 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

6.4% lower

Housing (Homeowner)

38.9% lower

Housing (Rent)

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Median Home Cost

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Utilities

4.8% lower

Commute

27.5% lower

Health

10.6% higher

Taxes

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Childcare

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Personal

15.6% lower

Cost of Food

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Norwood, Massachusetts vs. Panama City Beach, Florida

Cost of Living Comparison

Comparison highlights

Norwood, MA vs. Panama City Beach, FL

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