Cost of Living Calculator - Panama City, Florida vs Redwood Falls, Minnesota


The cost of living in Redwood Falls, Minnesota is 19.0% cheaper than Panama City, Florida.

You would need a salary of $60,751 in Redwood Falls, Minnesota to maintain the standard of living you have in Panama City, Florida.
Comparison highlights
• Overall, Redwood Falls, Minnesota is cheaper than Panama City, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
43% cheaper in Redwood Falls
than in Panama City, Florida
Panama City, FL vs Redwood Falls, MN
Compared to Panama City, Redwood Falls is:
  Homeowner
      No Child Care, Taxes not Considered
  19.0% lower
      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
  1.3% lower
  Housing (Homeowner)
  41.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  5.7% lower
  Commute
  32.8% lower
  Health
  16.3% lower
  Taxes
  Childcare
  Personal
  1.1% higher

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