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Cost of Living Calculator - Panama City Beach, Florida vs Banner Elk, North Carolina

The cost of living in Banner Elk, North Carolina is 6.4% cheaper than Panama City Beach, Florida.

You would need a salary of $46,792 in Banner Elk, North Carolina to maintain the standard of living you have in Panama City Beach, Florida.
Comparison highlights
• Overall, Banner Elk, North Carolina is cheaper than Panama City Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
4% cheaper in Banner Elk
than in Panama City Beach, Florida
Panama City Beach, FL vs Banner Elk, NC
Compared to Panama City Beach, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  6.4% 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
  1.5% lower
  Housing (Homeowner)
  8.5% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  15.6% lower
  Commute
  23.7% lower
  Health
  24.4% higher
  Taxes
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  Childcare
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  Personal
  3.2% lower
Cost of Food
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