CostByCity

New Haven, CT vs Panama City, FL

Cost of Living Comparison

Panama City, FL is more affordable by 7.3 index points

Side-by-Side Comparison

CategoryNew Haven, CTPanama City, FLDifference
Overall104.697.3+7.3
Housing124.396.4+27.9
Goods97.396.2+1.1
Utilities144.888.1+56.8
Other Services102.798.9+3.8

Income & Housing Comparison

MetricNew Haven, CTPanama City, FL
Median Household Income$81,544$65,999
Median Home Value$291,900$246,800
Median Monthly Rent$1,339$1,311
Per Capita Income$45,314$36,868

Frequently Asked Questions

Is New Haven, CT or Panama City, FL cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 7.3 index points (New Haven, CT: 104.6, Panama City, FL: 97.3).
Where is housing cheaper, New Haven, CT or Panama City, FL?
Housing is more affordable in Panama City, FL. Housing index: New Haven, CT (124.3) vs Panama City, FL (96.4).