CostByCity

Midland, MI vs Panama City, FL

Cost of Living Comparison

Midland, MI is more affordable by 5.4 index points

Side-by-Side Comparison

CategoryMidland, MIPanama City, FLDifference
Overall91.997.3-5.4
Housing66.796.4-29.7
Goods93.796.2-2.5
Utilities95.288.1+7.1
Other Services99.698.9+0.7

Income & Housing Comparison

MetricMidland, MIPanama City, FL
Median Household Income$73,643$65,999
Median Home Value$171,600$246,800
Median Monthly Rent$931$1,311
Per Capita Income$41,594$36,868

Frequently Asked Questions

Is Midland, MI or Panama City, FL cheaper to live in?
Midland, MI is more affordable. The cost of living difference is 5.4 index points (Midland, MI: 91.9, Panama City, FL: 97.3).
Where is housing cheaper, Midland, MI or Panama City, FL?
Housing is more affordable in Midland, MI. Housing index: Midland, MI (66.7) vs Panama City, FL (96.4).