Cost of Living Analytics

Cost of Living / Panama City, FL Metro

Cost of Living in Panama City, FL Metro

Official metro name: Panama City, FL Metro Area

Panama City, FL Metro has a population of 181,055. Median household income is $65,999 and median rent is $1,311 per month. Rent is roughly 23.8% of median monthly income.

State: FLPopulation: 181,055Income: $65,999Rent: $1,311Affordability: Affordable (23.8%)
Median Household Income
$65,999
Annual (ACS median)
Median Rent
$1,311
Monthly (ACS median gross rent)
Rent as % of Income
23.8%
rent ÷ (income/12)
Cost Index
88
Simplified relative index

Is Panama City, FL Metro expensive?

Based on median rent and income, Panama City, FL Metro has a Affordable rent burden. Median rent is $1,311, which is about 23.8% of median monthly household income.

Average rent in Panama City, FL Metro

Median rent (ACS) is $1,311 per month. (Neighborhoods vary widely.)

How much income do you need in Panama City, FL Metro?

Median household income (ACS) is $65,999 per year. Housing costs take a bigger share of income when rent burden is high.

Other metros in FL

Compare Panama City, FL Metro with nearby metros:

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.