CostByCity

Panama City, FL vs Washington, DC

Cost of Living Comparison

Panama City, FL is more affordable by 11.6 index points

Side-by-Side Comparison

CategoryPanama City, FLWashington, DCDifference
Overall97.3108.9-11.6
Housing96.4151.1-54.7
Goods96.2104.8-8.6
Utilities88.1106.7-18.6
Other Services98.9102.3-3.5

Income & Housing Comparison

MetricPanama City, FLWashington, DC
Median Household Income$65,999$119,803
Median Home Value$246,800$513,300
Median Monthly Rent$1,311$1,904
Per Capita Income$36,868$59,587

Frequently Asked Questions

Is Panama City, FL or Washington, DC cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 11.6 index points (Panama City, FL: 97.3, Washington, DC: 108.9).
Where is housing cheaper, Panama City, FL or Washington, DC?
Housing is more affordable in Panama City, FL. Housing index: Panama City, FL (96.4) vs Washington, DC (151.1).