CostIndexUSA

Panama City, FL vs Yuma, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Panama City
97.3
overall index
$1,700/mo rent
More AffordableAZ
Yuma
92.7
overall index
$1,375/mo rent

Yuma is slightly cheaper than Panama City — 4.7% lower overall cost of living.

To match an $80,000 salary in Panama City, you would need $76,200 in Yuma. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.4%
Panama City
96.4
Yuma
73.8
🛒 Groceries≈ Equal
Panama City
96.2
Yuma
96.2
🚗 Transportation+1.0%
Panama City
103.8
Yuma
104.8
🏥 Healthcare+1.0%
Panama City
93.9
Yuma
94.8
Utilities≈ Equal
Panama City
88.1
Yuma
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Yuma, AZ
$76,200
$3,800 less needed in Yuma

Formula: salary × (92.7 ÷ 97.3) = salary × 0.9527. Based on BEA Regional Price Parities.

Housing Market

Panama City, FL

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

Yuma, AZ

Median Home Price
$279,000
Median Monthly Rent
$1,375
Housing Index
73.8
Price-to-Rent Ratio
16.9×

Panama City has 23.4% lower housing costs compared to Yuma.

Income & Job Market

Panama City, FL

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

Yuma, AZ

Median Household Income
$62,900
Per Capita Income
$35,900
Unemployment Rate
6.8%
Population
95,548
Top Industries
MilitaryAgricultureHealthcareRetailGovernment

Affordability at a Glance

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

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

71% of income left after rent (median)

Yuma, AZ
3.8×income-to-rent ratio

74% 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.