CostByCity

Decatur, IL vs Panama City, FL

Cost of Living Comparison

Decatur, IL is more affordable by 8.9 index points

Side-by-Side Comparison

CategoryDecatur, ILPanama City, FLDifference
Overall88.497.3-8.9
Housing56.296.4-40.2
Goods93.696.2-2.6
Utilities91.188.1+3.0
Other Services99.698.9+0.7

Income & Housing Comparison

MetricDecatur, ILPanama City, FL
Median Household Income$59,622$65,999
Median Home Value$119,800$246,800
Median Monthly Rent$774$1,311
Per Capita Income$34,644$36,868

Frequently Asked Questions

Is Decatur, IL or Panama City, FL cheaper to live in?
Decatur, IL is more affordable. The cost of living difference is 8.9 index points (Decatur, IL: 88.4, Panama City, FL: 97.3).
Where is housing cheaper, Decatur, IL or Panama City, FL?
Housing is more affordable in Decatur, IL. Housing index: Decatur, IL (56.2) vs Panama City, FL (96.4).