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PANAMA CITY vs. CARMEL
Cost of Living Comparison

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Cost of Living Calculator - Panama City, Florida vs Carmel, Indiana

The cost of living in Carmel, Indiana is 29.5% more expensive than Panama City, Florida.

You would need a salary of $97,146 in Carmel, Indiana to maintain the standard of living you have in Panama City, Florida.

Comparison highlights

• Overall, Carmel, Indiana is more expensive than Panama City, Florida
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
95% more expensive in Carmel
than in Panama City, Florida

Panama City, FL vs Carmel, IN

Compared to Panama City, Carmel is:

Homeowner

No Child Care, Taxes not Considered

29.5% higher

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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Food

4.9% higher

Housing (Homeowner)

83.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

15.2% lower

Commute

0.6% higher

Health

0.4% higher

Taxes

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Childcare

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Personal

11.7% higher

Cost of Food

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