Cost of Living in Panama City Beach, FL
Overall index: 111 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 120 | +20% | $1,216 |
| Transportation | 98 | -2% | $3.50 |
| Food | 106 | +6% | $435 |
| Utilities | 110 | +10% | $216 |
| Healthcare | 110 | +10% | $156 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Panama City Beach?
A single adult living comfortably in Panama City Beach, FL needs approximately $38,850 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Panama City Beach, FL?
The overall cost of living in Panama City Beach, FL is 11% higher than the US national average (index: 111 where 100 = national average).
How much is rent in Panama City Beach, FL?
Average rent for a 1-bedroom apartment in Panama City Beach, FL is about $1,216/month.
Is Panama City Beach, FL expensive to live in?
Yes, Panama City Beach, FL is considered expensive (index above national average).
What salary do I need to live in Panama City Beach, FL?
A single adult needs roughly $38,850/year to cover basic living costs in Panama City Beach, FL.