Panama City Beach, Florida vs. Takoma Park, Maryland

Cost of Living Comparison

The cost of living in Takoma Park, Maryland is 40.9% more expensive than Panama City Beach, Florida.

You would need a salary of $133,896 in Takoma Park, Maryland to maintain the standard of living you have in Panama City Beach, Florida.
Comparison highlights
• Overall, Takoma Park, Maryland is more expensive than Panama City Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
41% more expensive in Takoma Park
than in Panama City Beach, Florida
Panama City Beach, FL vs. Takoma Park, MD
Compared to Panama City Beach, Takoma Park is:
  Homeowner
      No Child Care, Taxes not Considered
  40.9% higher
      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
  11.0% higher
  Housing (Homeowner)
  85.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  3.4% higher
  Commute
  54.7% higher
  Health
  12.4% lower
  Taxes
  Childcare
  Personal
  2.2% higher