?WhereToHQ

Residential comparison · 13 facts

Crestview, FL vs Panama City, FL

Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.

A household earning $85,000 in Crestview needs about $89,000 in Panama City to keep the same lifestyle.
Coming from Panama City, $85,000 of lifestyle costs about $81,000 in Crestview.

A few differences

Crestview vs Panama City · facet by facet
FacetCrestview, FLPanama City, FL
Median home price$277,900$268,900
2-bedroom rent$1,169/mo$1,325/mo
Property tax rate0.8%0.8%
State & local income tax0%0%
Sales tax7%7%
Cost of living index9294
Groceries index103103
Utilities$180/mo$180/mo
Median household income$65,480$62,265
Unemployment rate3.3%3.3%
Crime index45/10045/100
School rating5.8/105.8/10
Sunny days / year240 days240 days

Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.

Full profiles: Crestview, FL · Panama City, FL
Questions & answers
Is Crestview cheaper than Panama City?
Crestview has the lower day-to-day cost index (92 vs 94 against a national 100). The other differences are shown facet by facet in the table.
What household income in Panama City equals $85,000 in Crestview?
A household earning $85,000 in Crestview needs about $89,000 in Panama City to keep the same lifestyle; coming the other way, $85,000 of Panama City lifestyle costs about $81,000 in Crestview.