Panama City, FL vs Sumter, SC
Cost of Living Comparison
Sumter, SC is more affordable by 9.3 index points
Side-by-Side Comparison
| Category | Panama City, FL | Sumter, SC | Difference |
|---|---|---|---|
| Overall | 97.3 | 88.0 | +9.3 |
| Housing | 96.4 | 60.8 | +35.6 |
| Goods | 96.2 | 96.3 | -0.1 |
| Utilities | 88.1 | 87.3 | +0.8 |
| Other Services | 98.9 | 98.3 | +0.6 |
Income & Housing Comparison
| Metric | Panama City, FL | Sumter, SC |
|---|---|---|
| Median Household Income | $65,999 | $52,942 |
| Median Home Value | $246,800 | $144,500 |
| Median Monthly Rent | $1,311 | $927 |
| Per Capita Income | $36,868 | $27,855 |
Frequently Asked Questions
Is Panama City, FL or Sumter, SC cheaper to live in?
Sumter, SC is more affordable. The cost of living difference is 9.3 index points (Panama City, FL: 97.3, Sumter, SC: 88.0).
Where is housing cheaper, Panama City, FL or Sumter, SC?
Housing is more affordable in Sumter, SC. Housing index: Panama City, FL (96.4) vs Sumter, SC (60.8).