CostByCity

Baltimore, MD vs Panama City, FL

Cost of Living Comparison

Panama City, FL is more affordable by 7.2 index points

Side-by-Side Comparison

CategoryBaltimore, MDPanama City, FLDifference
Overall104.597.3+7.2
Housing118.296.4+21.8
Goods102.496.2+6.1
Utilities110.288.1+22.1
Other Services101.598.9+2.6

Income & Housing Comparison

MetricBaltimore, MDPanama City, FL
Median Household Income$94,167$65,999
Median Home Value$357,800$246,800
Median Monthly Rent$1,489$1,311
Per Capita Income$49,218$36,868

Frequently Asked Questions

Is Baltimore, MD or Panama City, FL cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 7.2 index points (Baltimore, MD: 104.5, Panama City, FL: 97.3).
Where is housing cheaper, Baltimore, MD or Panama City, FL?
Housing is more affordable in Panama City, FL. Housing index: Baltimore, MD (118.2) vs Panama City, FL (96.4).