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Cost of living in Panama City-Panama City Beach, FL vs US average (2024)

Quick answer

Prices in Panama City-Panama City Beach, FL were 2.7% below the US average in 2024 (Regional Price Parity 97.3, US = 100), with a housing-rent index of 96.4, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items97.296
Goods96.240
Housing (rents)96.424
Utilities88.088
Other services98.864
— All items by year —
202497.296
202397.843
202297.274
202196.750
202094.554
201994.602

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Last updated 2026-10-16. Data only, not financial or tax advice.

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