Mobile, AL vs Panama City, FL
Cost of Living Comparison
Mobile, AL is more affordable by 9.2 index points
Side-by-Side Comparison
| Category | Mobile, AL | Panama City, FL | Difference |
|---|---|---|---|
| Overall | 88.1 | 97.3 | -9.2 |
| Housing | 60.1 | 96.4 | -36.3 |
| Goods | 96.4 | 96.2 | +0.2 |
| Utilities | 84.2 | 88.1 | -3.9 |
| Other Services | 96.7 | 98.9 | -2.2 |
Income & Housing Comparison
| Metric | Mobile, AL | Panama City, FL |
|---|---|---|
| Median Household Income | $55,247 | $65,999 |
| Median Home Value | $163,600 | $246,800 |
| Median Monthly Rent | $970 | $1,311 |
| Per Capita Income | $30,436 | $36,868 |
Frequently Asked Questions
Is Mobile, AL or Panama City, FL cheaper to live in?
Mobile, AL is more affordable. The cost of living difference is 9.2 index points (Mobile, AL: 88.1, Panama City, FL: 97.3).
Where is housing cheaper, Mobile, AL or Panama City, FL?
Housing is more affordable in Mobile, AL. Housing index: Mobile, AL (60.1) vs Panama City, FL (96.4).