CostIndexUSA

Panama City, FL vs Portland, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableFL
Panama City
97.3
overall index
$1,700/mo rent
OR
Portland
105.4
overall index
$1,775/mo rent

Panama City is moderately cheaper than Portland — 8.3% lower overall cost of living.

To match an $80,000 salary in Panama City, you would need $86,700 in Portland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+29.8%
Panama City
96.4
Portland
125.1
🛒 Groceries+9.4%
Panama City
96.2
Portland
105.2
🚗 Transportation+1.3%
Panama City
103.8
Portland
105.1
🏥 Healthcare+1.3%
Panama City
93.9
Portland
95.1
Utilities+21.5%
Panama City
88.1
Portland
107

Salary Equivalency Calculator

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

$
Equivalent salary in Portland, OR
$86,700
$6,700 more needed in Portland

Formula: salary × (105.4 ÷ 97.3) = salary × 1.0832. 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×

Portland, OR

Median Home Price
$536,000
Median Monthly Rent
$1,775
Housing Index
125.1
Price-to-Rent Ratio
25.2×

Portland has 29.8% higher housing costs compared to Panama City.

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

Portland, OR

Median Household Income
$94,900
Per Capita Income
$54,100
Unemployment Rate
3.8%
Population
652,503
Top Industries
TechnologyHealthcareManufacturingRetailTourism

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)

Portland, OR
4.5×income-to-rent ratio

78% 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.