Cost of Living Calculator - Traverse City, Michigan vs Panama City, Florida


The cost of living in Panama City, Florida is 8.8% cheaper than Traverse City, Michigan.

You would need a salary of $68,445 in Panama City, Florida to maintain the standard of living you have in Traverse City, Michigan.
Comparison highlights
• Overall, Panama City, Florida is cheaper than Traverse City, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
35% cheaper in Panama City
than in Traverse City, Michigan
Traverse City, MI vs Panama City, FL
Compared to Traverse City, Panama City is:
  Homeowner
      No Child Care, Taxes not Considered
  8.8% 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
  0.3% lower
  Housing (Homeowner)
  28.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  10.5% higher
  Commute
  16.0% higher
  Health
  20.6% higher
  Taxes
  Childcare
  Personal
  2.3% lower

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