CostByCity

Naples, FL vs Panama City, FL

Cost of Living Comparison

Panama City, FL is more affordable by 5.9 index points

Side-by-Side Comparison

CategoryNaples, FLPanama City, FLDifference
Overall103.297.3+5.9
Housing129.496.4+33.0
Goods96.296.20.0
Utilities87.888.1-0.3
Other Services98.998.90.0

Income & Housing Comparison

MetricNaples, FLPanama City, FL
Median Household Income$82,011$65,999
Median Home Value$443,700$246,800
Median Monthly Rent$1,599$1,311
Per Capita Income$56,666$36,868

Frequently Asked Questions

Is Naples, FL or Panama City, FL cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 5.9 index points (Naples, FL: 103.2, Panama City, FL: 97.3).
Where is housing cheaper, Naples, FL or Panama City, FL?
Housing is more affordable in Panama City, FL. Housing index: Naples, FL (129.4) vs Panama City, FL (96.4).