CostByCity

Hot Springs, AR vs Panama City, FL

Cost of Living Comparison

Hot Springs, AR is more affordable by 11.6 index points

Side-by-Side Comparison

CategoryHot Springs, ARPanama City, FLDifference
Overall85.797.3-11.6
Housing57.396.4-39.1
Goods93.696.2-2.7
Utilities74.388.1-13.8
Other Services95.398.9-3.6

Income & Housing Comparison

MetricHot Springs, ARPanama City, FL
Median Household Income$54,229$65,999
Median Home Value$166,600$246,800
Median Monthly Rent$913$1,311
Per Capita Income$31,854$36,868

Frequently Asked Questions

Is Hot Springs, AR or Panama City, FL cheaper to live in?
Hot Springs, AR is more affordable. The cost of living difference is 11.6 index points (Hot Springs, AR: 85.7, Panama City, FL: 97.3).
Where is housing cheaper, Hot Springs, AR or Panama City, FL?
Housing is more affordable in Hot Springs, AR. Housing index: Hot Springs, AR (57.3) vs Panama City, FL (96.4).