CostByCity

Panama City, FL vs Spartanburg, SC

Cost of Living Comparison

Spartanburg, SC is more affordable by 6.2 index points

Side-by-Side Comparison

CategoryPanama City, FLSpartanburg, SCDifference
Overall97.391.1+6.2
Housing96.468.0+28.4
Goods96.296.3-0.1
Utilities88.188.3-0.2
Other Services98.998.3+0.6

Income & Housing Comparison

MetricPanama City, FLSpartanburg, SC
Median Household Income$65,999$61,955
Median Home Value$246,800$195,800
Median Monthly Rent$1,311$960
Per Capita Income$36,868$32,039

Frequently Asked Questions

Is Panama City, FL or Spartanburg, SC cheaper to live in?
Spartanburg, SC is more affordable. The cost of living difference is 6.2 index points (Panama City, FL: 97.3, Spartanburg, SC: 91.1).
Where is housing cheaper, Panama City, FL or Spartanburg, SC?
Housing is more affordable in Spartanburg, SC. Housing index: Panama City, FL (96.4) vs Spartanburg, SC (68.0).