CostByCity

Panama City, FL vs Wichita Falls, TX

Cost of Living Comparison

Wichita Falls, TX is more affordable by 7.8 index points

Side-by-Side Comparison

CategoryPanama City, FLWichita Falls, TXDifference
Overall97.389.5+7.8
Housing96.468.2+28.2
Goods96.293.8+2.5
Utilities88.184.1+4.0
Other Services98.996.2+2.6

Income & Housing Comparison

MetricPanama City, FLWichita Falls, TX
Median Household Income$65,999$60,641
Median Home Value$246,800$131,500
Median Monthly Rent$1,311$929
Per Capita Income$36,868$31,592

Frequently Asked Questions

Is Panama City, FL or Wichita Falls, TX cheaper to live in?
Wichita Falls, TX is more affordable. The cost of living difference is 7.8 index points (Panama City, FL: 97.3, Wichita Falls, TX: 89.5).
Where is housing cheaper, Panama City, FL or Wichita Falls, TX?
Housing is more affordable in Wichita Falls, TX. Housing index: Panama City, FL (96.4) vs Wichita Falls, TX (68.2).