Farmington, NM vs Panama City, FL
Cost of Living Comparison
Farmington, NM is more affordable by 9.6 index points
Side-by-Side Comparison
| Category | Farmington, NM | Panama City, FL | Difference |
|---|---|---|---|
| Overall | 87.7 | 97.3 | -9.6 |
| Housing | 56.6 | 96.4 | -39.9 |
| Goods | 96.1 | 96.2 | -0.1 |
| Utilities | 77.9 | 88.1 | -10.2 |
| Other Services | 98.5 | 98.9 | -0.3 |
Income & Housing Comparison
| Metric | Farmington, NM | Panama City, FL |
|---|---|---|
| Median Household Income | $50,734 | $65,999 |
| Median Home Value | $170,700 | $246,800 |
| Median Monthly Rent | $894 | $1,311 |
| Per Capita Income | $25,008 | $36,868 |
Frequently Asked Questions
Is Farmington, NM or Panama City, FL cheaper to live in?
Farmington, NM is more affordable. The cost of living difference is 9.6 index points (Farmington, NM: 87.7, Panama City, FL: 97.3).
Where is housing cheaper, Farmington, NM or Panama City, FL?
Housing is more affordable in Farmington, NM. Housing index: Farmington, NM (56.6) vs Panama City, FL (96.4).