CostIndexUSA

Manchester, NH vs Panama City, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NH
Manchester
105.7
overall index
$2,100/mo rent
More AffordableFL
Panama City
97.3
overall index
$1,700/mo rent

Panama City is moderately cheaper than Manchester — 7.9% lower overall cost of living.

To match an $80,000 salary in Manchester, you would need $73,600 in Panama City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing28.2%
Manchester
134.2
Panama City
96.4
🛒 Groceries1.5%
Manchester
97.7
Panama City
96.2
🚗 Transportation4.7%
Manchester
108.9
Panama City
103.8
🏥 Healthcare4.7%
Manchester
98.5
Panama City
93.9
Utilities34.0%
Manchester
133.5
Panama City
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Panama City, FL
$73,600
$6,400 less needed in Panama City

Formula: salary × (97.3 ÷ 105.7) = salary × 0.9205. Based on BEA Regional Price Parities.

Housing Market

Manchester, NH

Median Home Price
$503,000
Median Monthly Rent
$2,100
Housing Index
134.2
Price-to-Rent Ratio
20.0×

Panama City, FL

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

Manchester has 28.2% lower housing costs compared to Panama City.

Income & Job Market

Manchester, NH

Median Household Income
$103,700
Per Capita Income
$59,100
Unemployment Rate
2.1%
Population
115,644
Top Industries
HealthcareFinanceTechnologyManufacturingRetail

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).

Manchester, NH
4.1×income-to-rent ratio

76% 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.