Panama City, FL Utility & Living Guide
Living in Panama City, FL offers a relaxed coastal lifestyle with beautiful beaches and a warm climate.
Monthly Utility Costs
$120/mo
—
$45/mo
$25/mo
$65/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1400/mo |
| 2 Bedrooms | $1800/mo |
| 3 Bedrooms | $2400/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 1.1% |
| Avg Childcare/mo | $1000 |
Housing costs are rising due to demand from retirees and remote workers. Beachfront properties command premium prices.
Cost of Living
105
+5% above national average
102
98
100
$1000
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 7.5% |
| Property Tax Rate | 1.1% |
| <p>State 6% + County 1.5%</p> | |
Florida has no state income tax.
Family & Relocation
50
6.5/10
$1000/mo
City Pulse
Limited public transit; car-dependent but sidewalks improving in newer areas
- Shipwreck Island Waterpark
- Science and Discovery Center
- St. Andrews State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Panama City based on your household profile.
Local Briefing & Neighborhood Pulse
Live Local News
- Stacie Bolster Named GSM for JVC Panama City
- BCSO INVESTIGATING SATURDAY NIGHT SHOOTING The Bay County Sheriff’s Office is actively investigating a shooting that occurred Saturday night, April 25, on the west end of Panama City Beach. At approximately 11:00 p.m. on Saturday night, BCSO dis
- Panama City Beach prepares for high-impact spring break period
Short-term rental regulations apply in some areas. Flood insurance is required for many properties.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Panama City — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.