Get Support Now:

Unable to connect locally? Contact Military OneSource via secure live chat or call 800-342-9647.

Show More

Tyndall AFB

Cost of Living

Compared to the rest of the country, Panama City's cost of living is 4.6% lower than the U.S. average.

The cost of living index is based on a US average of 100.  An amount below 100 means Panama City is cheaper than the US average. Panama City cost of living is 95.4%. Housing is the biggest factor in the cost of living difference.

The unemployment rate in Panama City is 5.3% (U.S. avg. is 6.0%)

- That Job Growth in Panama City has been Positive.
- Jobs have Increased by 2.0% over the past year.
- The average salary in Panama City is $48,600.
- The median home cost in Panama City is $252,800