McAllen, TX vs Panama City, FL
Cost of Living Comparison
McAllen, TX is more affordable by 11.4 index points
Side-by-Side Comparison
| Category | McAllen, TX | Panama City, FL | Difference |
|---|---|---|---|
| Overall | 85.9 | 97.3 | -11.4 |
| Housing | 55.9 | 96.4 | -40.5 |
| Goods | 93.8 | 96.2 | -2.5 |
| Utilities | 81.2 | 88.1 | -6.9 |
| Other Services | 96.2 | 98.9 | -2.6 |
Income & Housing Comparison
| Metric | McAllen, TX | Panama City, FL |
|---|---|---|
| Median Household Income | $49,371 | $65,999 |
| Median Home Value | $112,700 | $246,800 |
| Median Monthly Rent | $875 | $1,311 |
| Per Capita Income | $20,844 | $36,868 |
Frequently Asked Questions
Is McAllen, TX or Panama City, FL cheaper to live in?
McAllen, TX is more affordable. The cost of living difference is 11.4 index points (McAllen, TX: 85.9, Panama City, FL: 97.3).
Where is housing cheaper, McAllen, TX or Panama City, FL?
Housing is more affordable in McAllen, TX. Housing index: McAllen, TX (55.9) vs Panama City, FL (96.4).