CostIndexUSA

Greeley, CO vs Panama City, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Greeley
100.2
overall index
$1,700/mo rent
More AffordableFL
Panama City
97.3
overall index
$1,700/mo rent

Panama City is slightly cheaper than Greeley — 2.9% lower overall cost of living.

To match an $80,000 salary in Greeley, you would need $77,700 in Panama City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.4%
Greeley
112.6
Panama City
96.4
🛒 Groceries≈ Equal
Greeley
96.1
Panama City
96.2
🚗 Transportation1.0%
Greeley
104.8
Panama City
103.8
🏥 Healthcare0.9%
Greeley
94.8
Panama City
93.9
Utilities+7.4%
Greeley
82
Panama City
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Panama City, FL
$77,700
$2,300 less needed in Panama City

Formula: salary × (97.3 ÷ 100.2) = salary × 0.9711. Based on BEA Regional Price Parities.

Housing Market

Greeley, CO

Median Home Price
$489,000
Median Monthly Rent
$1,700
Housing Index
112.6
Price-to-Rent Ratio
24.0×

Panama City, FL

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

Greeley has 14.4% lower housing costs compared to Panama City.

Income & Job Market

Greeley, CO

Median Household Income
$91,000
Per Capita Income
$51,900
Unemployment Rate
4%
Population
108,795
Top Industries
AgricultureHealthcareEducationManufacturingEnergy

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).

Greeley, CO
4.5×income-to-rent ratio

78% 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.