Cost of Living Calculator - Panama City, Florida vs Memphis, Tennessee


The cost of living in Memphis, Tennessee is 12.3% cheaper than Panama City, Florida.

You would need a salary of $43,835 in Memphis, Tennessee to maintain the standard of living you have in Panama City, Florida.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Panama City, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
41% cheaper in Memphis
than in Panama City, Florida
Panama City, FL vs Memphis, TN
Compared to Panama City, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  12.3% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.3% lower
  Housing (Homeowner)
  55.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  9.1% lower
  Commute
  5.0% higher
  Health
  2.3% lower
  Taxes
  Childcare
  Personal
  10.7% lower

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