CostByCity

Boston, MA vs Panama City, FL

Cost of Living Comparison

Panama City, FL is more affordable by 11.0 index points

Side-by-Side Comparison

CategoryBoston, MAPanama City, FLDifference
Overall108.397.3+11.0
Housing148.496.4+52.0
Goods99.796.2+3.4
Utilities148.888.1+60.7
Other Services103.698.9+4.7

Income & Housing Comparison

MetricBoston, MAPanama City, FL
Median Household Income$107,117$65,999
Median Home Value$570,000$246,800
Median Monthly Rent$1,827$1,311
Per Capita Income$58,400$36,868

Frequently Asked Questions

Is Boston, MA or Panama City, FL cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 11.0 index points (Boston, MA: 108.3, Panama City, FL: 97.3).
Where is housing cheaper, Boston, MA or Panama City, FL?
Housing is more affordable in Panama City, FL. Housing index: Boston, MA (148.4) vs Panama City, FL (96.4).