CostByCity

Albany, GA vs Panama City, FL

Cost of Living Comparison

Albany, GA is more affordable by 9.6 index points

Side-by-Side Comparison

CategoryAlbany, GAPanama City, FLDifference
Overall87.797.3-9.6
Housing54.696.4-41.8
Goods96.396.2+0.0
Utilities88.388.1+0.2
Other Services98.798.9-0.2

Income & Housing Comparison

MetricAlbany, GAPanama City, FL
Median Household Income$53,173$65,999
Median Home Value$139,900$246,800
Median Monthly Rent$912$1,311
Per Capita Income$28,313$36,868

Frequently Asked Questions

Is Albany, GA or Panama City, FL cheaper to live in?
Albany, GA is more affordable. The cost of living difference is 9.6 index points (Albany, GA: 87.7, Panama City, FL: 97.3).
Where is housing cheaper, Albany, GA or Panama City, FL?
Housing is more affordable in Albany, GA. Housing index: Albany, GA (54.6) vs Panama City, FL (96.4).