Carson City, NV vs Panama City, FL: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, living costs in Panama City, FL and Carson City, NV are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Carson City works out to about $74,400 in Panama City, before taxes.
- Housing is 4.7% lower in Panama City, goods 0.0% lower and other services 0.1% higher, which roughly cancel out.
- Typical asking rent is $1,735 a month in Panama City and $2,070 in Carson City, $4,020 a year less in Panama City (Zillow, September 2026).
- A typical home is valued at about $343,000 in Panama City and $494,000 in Carson City.
- The gap has narrowed since 2019, when Panama City was 4.0% less expensive than Carson City.
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Overall prices are about the same in Carson City and Panama City
Price level by category, 2024. US average = 100.
- Carson City, NV
- Panama City, FL
All items Carson City, NV: 98.1 Panama City, FL: 97.3
Goods Carson City, NV: 96.3 Panama City, FL: 96.2
Housing (rents) Carson City, NV: 101.2 Panama City, FL: 96.4
Utilities Carson City, NV: 92.7 Panama City, FL: 88.1
Other services Carson City, NV: 98.7 Panama City, FL: 98.9
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Carson City, NV | Panama City, FL | |
|---|---|---|
| All items | 98.1 | 97.3 |
| Goods | 96.3 | 96.2 |
| Housing (rents) | 101.2 | 96.4 |
| Utilities | 92.7 | 88.1 |
| Other services | 98.7 | 98.9 |
| Category | Carson City | Panama City | Panama City vs Carson City |
|---|---|---|---|
| All items | 98.1 | 97.3 | −0.8% |
| Goods | 96.3 | 96.2 | 0.0% |
| Housing (rents) | 101.2 | 96.4 | −4.7% |
| Utilities | 92.7 | 88.1 | −4.9% |
| Other services | 98.7 | 98.9 | +0.1% |
| Typical asking rent | $2,070 | $1,735 | −16.2% |
| Typical home value | $494,000 | $343,000 | −30.6% |
| Salary to match $75,000 in Carson City | $75,000 | $74,400 | −0.8% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Carson City and Panama City has narrowed since 2008: 3.1 points then, 0.8 now
Overall price level each year, 2008–2024. US average = 100.
- Carson City, NV
- Panama City, FL
US average = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Carson City, NV | Panama City, FL | |
|---|---|---|
| 2008 | 99.8 | 96.7 |
| 2009 | 95.4 | 94.4 |
| 2010 | 97.5 | 96.4 |
| 2011 | 97.4 | 97.7 |
| 2012 | 95.1 | 96.8 |
| 2013 | 96.4 | 94.3 |
| 2014 | 97.4 | 95.2 |
| 2015 | 99.1 | 94.8 |
| 2016 | 96.1 | 95.2 |
| 2017 | 97.7 | 94.1 |
| 2018 | 94.8 | 94.2 |
| 2019 | 98.5 | 94.6 |
| 2020 | 94.9 | 94.6 |
| 2021 | 94.0 | 96.8 |
| 2022 | 94.5 | 97.3 |
| 2023 | 94.9 | 97.8 |
| 2024 | 98.1 | 97.3 |
Goods
- Carson City, NV
- Panama City, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Carson City, NV | Panama City, FL | |
|---|---|---|
| 2008 | 100.7 | 97.3 |
| 2009 | 99.6 | 95.2 |
| 2010 | 99.5 | 96.8 |
| 2011 | 98.5 | 96.7 |
| 2012 | 97.9 | 96.6 |
| 2013 | 96.2 | 96.7 |
| 2014 | 98.0 | 97.0 |
| 2015 | 104.1 | 96.3 |
| 2016 | 105.0 | 96.7 |
| 2017 | 101.7 | 96.8 |
| 2018 | 95.7 | 95.3 |
| 2019 | 98.8 | 95.3 |
| 2020 | 96.4 | 95.2 |
| 2021 | 96.8 | 95.7 |
| 2022 | 97.1 | 95.0 |
| 2023 | 96.8 | 96.3 |
| 2024 | 96.3 | 96.2 |
Housing (rents)
- Carson City, NV
- Panama City, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Carson City, NV | Panama City, FL | |
|---|---|---|
| 2008 | 94.7 | 91.7 |
| 2009 | 80.1 | 86.2 |
| 2010 | 91.9 | 90.5 |
| 2011 | 94.6 | 93.4 |
| 2012 | 87.2 | 90.6 |
| 2013 | 91.1 | 80.8 |
| 2014 | 93.4 | 81.4 |
| 2015 | 88.4 | 80.3 |
| 2016 | 84.6 | 80.8 |
| 2017 | 90.7 | 78.6 |
| 2018 | 93.3 | 83.6 |
| 2019 | 103.5 | 91.5 |
| 2020 | 92.2 | 92.0 |
| 2021 | 98.8 | 93.0 |
| 2022 | 98.2 | 95.7 |
| 2023 | 93.4 | 96.7 |
| 2024 | 101.2 | 96.4 |
Utilities
- Carson City, NV
- Panama City, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Carson City, NV | Panama City, FL | |
|---|---|---|
| 2008 | 86.2 | 95.5 |
| 2009 | 95.7 | 98.1 |
| 2010 | 100.6 | 95.8 |
| 2011 | 97.6 | 94.7 |
| 2012 | 95.3 | 92.9 |
| 2013 | 92.6 | 90.9 |
| 2014 | 98.4 | 94.5 |
| 2015 | 99.1 | 92.0 |
| 2016 | 97.3 | 87.3 |
| 2017 | 90.3 | 85.8 |
| 2018 | 82.2 | 88.0 |
| 2019 | 86.7 | 89.2 |
| 2020 | 86.2 | 86.4 |
| 2021 | 75.6 | 86.7 |
| 2022 | 82.7 | 90.8 |
| 2023 | 90.7 | 91.4 |
| 2024 | 92.7 | 88.1 |
Other services
- Carson City, NV
- Panama City, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Carson City, NV | Panama City, FL | |
|---|---|---|
| 2008 | 102.2 | 98.8 |
| 2009 | 99.9 | 97.5 |
| 2010 | 98.2 | 98.9 |
| 2011 | 97.6 | 100.4 |
| 2012 | 96.4 | 100.4 |
| 2013 | 98.8 | 99.7 |
| 2014 | 98.5 | 100.4 |
| 2015 | 99.4 | 101.1 |
| 2016 | 94.3 | 101.7 |
| 2017 | 98.1 | 100.2 |
| 2018 | 95.4 | 98.8 |
| 2019 | 97.3 | 95.9 |
| 2020 | 95.4 | 96.0 |
| 2021 | 91.6 | 99.7 |
| 2022 | 92.0 | 99.9 |
| 2023 | 94.3 | 99.8 |
| 2024 | 98.7 | 98.9 |
Rent and home values
Typical asking rent: $1,735 in Panama City vs $2,070 in Carson City
Typical asking rent for a new lease, dollars per month. Quarterly.
- Carson City, NV
- Panama City, FL
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Carson City, NV | Panama City, FL | United States | |
|---|---|---|---|
| Mar 2015 | – | $929 | $1,145 |
| Jun 2015 | – | $942 | $1,170 |
| Sep 2015 | – | $949 | $1,181 |
| Dec 2015 | – | $951 | $1,182 |
| Mar 2016 | – | $967 | $1,195 |
| Jun 2016 | – | $980 | $1,219 |
| Sep 2016 | – | $981 | $1,225 |
| Dec 2016 | – | $963 | $1,222 |
| Mar 2017 | – | $984 | $1,245 |
| Jun 2017 | – | $1,018 | $1,270 |
| Sep 2017 | – | $1,020 | $1,276 |
| Dec 2017 | – | $1,025 | $1,275 |
| Mar 2018 | – | $1,045 | $1,296 |
| Jun 2018 | – | $1,062 | $1,320 |
| Sep 2018 | – | $1,083 | $1,327 |
| Dec 2018 | – | – | $1,329 |
| Mar 2019 | – | $1,322 | $1,349 |
| Jun 2019 | – | $1,396 | $1,376 |
| Sep 2019 | – | $1,390 | $1,383 |
| Dec 2019 | – | $1,354 | $1,381 |
| Mar 2020 | – | $1,296 | $1,402 |
| Jun 2020 | – | $1,316 | $1,406 |
| Sep 2020 | – | $1,357 | $1,410 |
| Dec 2020 | – | $1,368 | $1,407 |
| Mar 2021 | – | $1,413 | $1,443 |
| Jun 2021 | – | $1,482 | $1,512 |
| Sep 2021 | – | $1,562 | $1,590 |
| Dec 2021 | – | $1,608 | $1,622 |
| Mar 2022 | – | $1,625 | $1,661 |
| Jun 2022 | – | $1,672 | $1,721 |
| Sep 2022 | – | $1,700 | $1,748 |
| Dec 2022 | $1,797 | $1,647 | $1,735 |
| Mar 2023 | $1,802 | $1,674 | $1,757 |
| Jun 2023 | $1,829 | $1,703 | $1,785 |
| Sep 2023 | $1,853 | $1,685 | $1,797 |
| Dec 2023 | $1,825 | $1,662 | $1,786 |
| Mar 2024 | $1,878 | $1,663 | $1,807 |
| Jun 2024 | $1,867 | $1,712 | $1,837 |
| Sep 2024 | $1,917 | $1,720 | $1,845 |
| Dec 2024 | $1,902 | $1,662 | $1,836 |
| Mar 2025 | $1,930 | $1,655 | $1,860 |
| Jun 2025 | $1,953 | $1,703 | $1,880 |
| Sep 2025 | $1,961 | $1,708 | $1,881 |
| Dec 2025 | $1,984 | $1,662 | $1,873 |
| Mar 2026 | $2,023 | $1,673 | $1,894 |
| Jun 2026 | $2,046 | $1,718 | $1,921 |
| Sep 2026 | $2,070 | $1,735 | $1,932 |
Typical home value: $343,000 in Panama City vs $494,000 in Carson City
Typical home value, dollars. Quarterly.
- Carson City, NV
- Panama City, FL
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Carson City, NV | Panama City, FL | United States | |
|---|---|---|---|
| Mar 2015 | $203K | $174K | $189K |
| Jun 2015 | $210K | $177K | $192K |
| Sep 2015 | $221K | $180K | $195K |
| Dec 2015 | $231K | $183K | $199K |
| Mar 2016 | $240K | $184K | $202K |
| Jun 2016 | $248K | $187K | $204K |
| Sep 2016 | $255K | $190K | $206K |
| Dec 2016 | $261K | $190K | $209K |
| Mar 2017 | $271K | $189K | $213K |
| Jun 2017 | $277K | $194K | $216K |
| Sep 2017 | $282K | $200K | $219K |
| Dec 2017 | $290K | $202K | $223K |
| Mar 2018 | $299K | $204K | $227K |
| Jun 2018 | $308K | $210K | $230K |
| Sep 2018 | $314K | $217K | $234K |
| Dec 2018 | $320K | $223K | $236K |
| Mar 2019 | $328K | $219K | $239K |
| Jun 2019 | $333K | $218K | $242K |
| Sep 2019 | $339K | $222K | $244K |
| Dec 2019 | $340K | $229K | $247K |
| Mar 2020 | $347K | $240K | $252K |
| Jun 2020 | $348K | $243K | $255K |
| Sep 2020 | $352K | $248K | $260K |
| Dec 2020 | $373K | $258K | $271K |
| Mar 2021 | $398K | $270K | $282K |
| Jun 2021 | $425K | $282K | $296K |
| Sep 2021 | $442K | $296K | $306K |
| Dec 2021 | $449K | $311K | $314K |
| Mar 2022 | $471K | $334K | $330K |
| Jun 2022 | $486K | $357K | $346K |
| Sep 2022 | $475K | $363K | $348K |
| Dec 2022 | $458K | $363K | $345K |
| Mar 2023 | $449K | $365K | $343K |
| Jun 2023 | $449K | $367K | $347K |
| Sep 2023 | $460K | $367K | $352K |
| Dec 2023 | $469K | $366K | $354K |
| Mar 2024 | $473K | $369K | $357K |
| Jun 2024 | $477K | $364K | $361K |
| Sep 2024 | $479K | $357K | $361K |
| Dec 2024 | $483K | $354K | $363K |
| Mar 2025 | $488K | $354K | $364K |
| Jun 2025 | $489K | $349K | $362K |
| Sep 2025 | $489K | $343K | $362K |
| Dec 2025 | $490K | $341K | $364K |
| Mar 2026 | $490K | $345K | $366K |
| Jun 2026 | $489K | $345K | $365K |
| Sep 2026 | $494K | $343K | $366K |
More about each city
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.