CostByCity

Iowa City, IA vs Panama City, FL

Cost of Living Comparison

Iowa City, IA is more affordable by 5.8 index points

Side-by-Side Comparison

CategoryIowa City, IAPanama City, FLDifference
Overall91.597.3-5.8
Housing84.096.4-12.4
Goods93.796.2-2.5
Utilities83.788.1-4.4
Other Services92.998.9-5.9

Income & Housing Comparison

MetricIowa City, IAPanama City, FL
Median Household Income$72,680$65,999
Median Home Value$265,500$246,800
Median Monthly Rent$1,057$1,311
Per Capita Income$41,313$36,868

Frequently Asked Questions

Is Iowa City, IA or Panama City, FL cheaper to live in?
Iowa City, IA is more affordable. The cost of living difference is 5.8 index points (Iowa City, IA: 91.5, Panama City, FL: 97.3).
Where is housing cheaper, Iowa City, IA or Panama City, FL?
Housing is more affordable in Iowa City, IA. Housing index: Iowa City, IA (84.0) vs Panama City, FL (96.4).