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Mobile, AL vs Panama City, FL: Cost of Living Comparison

Mobile has the lower overall cost of living. (100 = US national average)

Category-by-Category Comparison

Category Mobile Panama City Cheaper
Overall cost of living 70 82 Mobile
Housing 49 ($720) 70 ($934) Mobile
Transportation 105 ($3.50) 101 ($3.50) Panama City
Food & groceries 68 ($279) 82 ($336) Mobile
Utilities 75 ($88) 85 ($126) Mobile
Healthcare 75 ($64) 85 ($91) Mobile
Median annual wage 94 ($45,670) 99 ($47,880) Mobile

Index 100 = US national average. Lower = cheaper. For wage, higher = better.

Frequently Asked Questions

Is Mobile, AL or Panama City, FL cheaper to live in?

Mobile, AL is cheaper overall by about 12 index points (Mobile, AL: 70, Panama City, FL: 82; 100 = US national average).

What salary do I need in Mobile, AL vs Panama City, FL?

A single adult needs roughly $24,500/year in Mobile, AL and $28,700/year in Panama City, FL to cover basic living costs.

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