CostIndexUSA

Bridgeport, CT vs Panama City, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Bridgeport
106.9
overall index
$2,725/mo rent
More AffordableFL
Panama City
97.3
overall index
$1,700/mo rent

Panama City is moderately cheaper than Bridgeport — 9.0% lower overall cost of living.

To match an $80,000 salary in Bridgeport, you would need $72,800 in Panama City. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing35.9%
Bridgeport
150.5
Panama City
96.4
🛒 Groceries1.1%
Bridgeport
97.3
Panama City
96.2
🚗 Transportation3.7%
Bridgeport
107.8
Panama City
103.8
🏥 Healthcare3.7%
Bridgeport
97.5
Panama City
93.9
Utilities40.1%
Bridgeport
147.1
Panama City
88.1

Salary Equivalency Calculator

Enter your current salary in Bridgeport to see what you'd need to earn in Panama City to maintain the same purchasing power.

$
Equivalent salary in Panama City, FL
$72,800
$7,200 less needed in Panama City

Formula: salary × (97.3 ÷ 106.9) = salary × 0.9102. Based on BEA Regional Price Parities.

Housing Market

Bridgeport, CT

Median Home Price
$652,000
Median Monthly Rent
$2,725
Housing Index
150.5
Price-to-Rent Ratio
19.9×

Panama City, FL

Median Home Price
$337,000
Median Monthly Rent
$1,700
Housing Index
96.4
Price-to-Rent Ratio
16.5×

Bridgeport has 35.9% lower housing costs compared to Panama City.

Income & Job Market

Bridgeport, CT

Median Household Income
$111,100
Per Capita Income
$63,300
Unemployment Rate
5.1%
Population
145,936
Top Industries
FinanceHealthcareManufacturingTechnologyEducation

Panama City, FL

Median Household Income
$69,700
Per Capita Income
$39,700
Unemployment Rate
3%
Population
36,877
Top Industries
MilitaryTourismHealthcareManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bridgeport, CT
3.4×income-to-rent ratio

71% of income left after rent (median)

Panama City, FL
3.4×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.