Florence, SC vs Panama City, FL
Cost of Living Comparison
Florence, SC is more affordable by 10.5 index points
Side-by-Side Comparison
| Category | Florence, SC | Panama City, FL | Difference |
|---|---|---|---|
| Overall | 86.8 | 97.3 | -10.5 |
| Housing | 52.4 | 96.4 | -44.0 |
| Goods | 96.3 | 96.2 | +0.1 |
| Utilities | 87.7 | 88.1 | -0.4 |
| Other Services | 98.3 | 98.9 | -0.6 |
Income & Housing Comparison
| Metric | Florence, SC | Panama City, FL |
|---|---|---|
| Median Household Income | $52,401 | $65,999 |
| Median Home Value | $150,300 | $246,800 |
| Median Monthly Rent | $848 | $1,311 |
| Per Capita Income | $30,130 | $36,868 |
Frequently Asked Questions
Is Florence, SC or Panama City, FL cheaper to live in?
Florence, SC is more affordable. The cost of living difference is 10.5 index points (Florence, SC: 86.8, Panama City, FL: 97.3).
Where is housing cheaper, Florence, SC or Panama City, FL?
Housing is more affordable in Florence, SC. Housing index: Florence, SC (52.4) vs Panama City, FL (96.4).