CostByCity

Laredo, TX vs Panama City, FL

Cost of Living Comparison

Laredo, TX is more affordable by 10.3 index points

Side-by-Side Comparison

CategoryLaredo, TXPanama City, FLDifference
Overall87.097.3-10.3
Housing59.796.4-36.7
Goods93.896.2-2.5
Utilities80.688.1-7.5
Other Services96.298.9-2.6

Income & Housing Comparison

MetricLaredo, TXPanama City, FL
Median Household Income$59,984$65,999
Median Home Value$161,000$246,800
Median Monthly Rent$964$1,311
Per Capita Income$23,446$36,868

Frequently Asked Questions

Is Laredo, TX or Panama City, FL cheaper to live in?
Laredo, TX is more affordable. The cost of living difference is 10.3 index points (Laredo, TX: 87.0, Panama City, FL: 97.3).
Where is housing cheaper, Laredo, TX or Panama City, FL?
Housing is more affordable in Laredo, TX. Housing index: Laredo, TX (59.7) vs Panama City, FL (96.4).