CostByCity

Monroe, LA vs Panama City, FL

Cost of Living Comparison

Monroe, LA is more affordable by 13.7 index points

Side-by-Side Comparison

CategoryMonroe, LAPanama City, FLDifference
Overall83.697.3-13.7
Housing42.896.4-53.6
Goods93.796.2-2.5
Utilities72.288.1-15.9
Other Services95.798.9-3.2

Income & Housing Comparison

MetricMonroe, LAPanama City, FL
Median Household Income$47,351$65,999
Median Home Value$158,100$246,800
Median Monthly Rent$859$1,311
Per Capita Income$28,677$36,868

Frequently Asked Questions

Is Monroe, LA or Panama City, FL cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 13.7 index points (Monroe, LA: 83.6, Panama City, FL: 97.3).
Where is housing cheaper, Monroe, LA or Panama City, FL?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Panama City, FL (96.4).