CostByCity

Panama City, FL vs Salem, OR

Cost of Living Comparison

Panama City, FL is more affordable by 6.4 index points

Side-by-Side Comparison

CategoryPanama City, FLSalem, ORDifference
Overall97.3103.6-6.4
Housing96.4110.3-13.9
Goods96.2105.3-9.0
Utilities88.1104.7-16.6
Other Services98.9100.3-1.4

Income & Housing Comparison

MetricPanama City, FLSalem, OR
Median Household Income$65,999$72,154
Median Home Value$246,800$358,700
Median Monthly Rent$1,311$1,227
Per Capita Income$36,868$34,631

Frequently Asked Questions

Is Panama City, FL or Salem, OR cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 6.4 index points (Panama City, FL: 97.3, Salem, OR: 103.6).
Where is housing cheaper, Panama City, FL or Salem, OR?
Housing is more affordable in Panama City, FL. Housing index: Panama City, FL (96.4) vs Salem, OR (110.3).