Cape Coral, FL vs Panama City, FL
Cost of Living Comparison
Panama City, FL is more affordable by 5.1 index points
Side-by-Side Comparison
| Category | Cape Coral, FL | Panama City, FL | Difference |
|---|---|---|---|
| Overall | 102.3 | 97.3 | +5.1 |
| Housing | 125.1 | 96.4 | +28.7 |
| Goods | 96.2 | 96.2 | 0.0 |
| Utilities | 86.9 | 88.1 | -1.2 |
| Other Services | 98.9 | 98.9 | 0.0 |
Income & Housing Comparison
| Metric | Cape Coral, FL | Panama City, FL |
|---|---|---|
| Median Household Income | $69,368 | $65,999 |
| Median Home Value | $290,900 | $246,800 |
| Median Monthly Rent | $1,466 | $1,311 |
| Per Capita Income | $41,332 | $36,868 |
Frequently Asked Questions
Is Cape Coral, FL or Panama City, FL cheaper to live in?
Panama City, FL is more affordable. The cost of living difference is 5.1 index points (Cape Coral, FL: 102.3, Panama City, FL: 97.3).
Where is housing cheaper, Cape Coral, FL or Panama City, FL?
Housing is more affordable in Panama City, FL. Housing index: Cape Coral, FL (125.1) vs Panama City, FL (96.4).