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CityLedger

Crestview vs Panama City

Metro-area medians — Crestview-Fort Walton Beach-Destin, FL Metro Area vs Panama City-Panama City Beach, FL Metro Area — not the cities proper.

Crestview comes out ahead, winning 6 of the 9 clearly-decided measures.

Crestview and Panama City cost about the same to live in, but Crestview households earn about 6% more. Adjusted for local prices, a typical paycheck stretches further in Crestview.

Their widest everyday difference: Crestview has cleaner air on a typical day — a median AQI of 36 versus 47.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Crestview, FL
$61,314
take-home / yr · 18% to tax
$63,190
real value after local prices
Panama City, FL
$61,314
take-home / yr · 18% to tax
$63,017
real value after local prices

On $75,000 for just you, Crestview leaves you about $172/yr better off after tax and local prices.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

Measure
Crestview
Panama City
Livability (CityLedger)
54/100
44/100
Cost of living (price level, US = 100)
97.0
97.3
Cost-adjusted income (pay's real value)
$84,440
$79,782
Median household income
$81,933
$77,625
Median rent
$1,784/mo
$1,543/mo
Median home value
$391,500
$324,900
Unemployment
4.9%
5.1%
Bachelor's degree or higher
34.9%
27.6%
Average commute
27.3 min
25.8 min
Air quality (median AQI)
36
47
Avg temperature
70°F
70°F

Choose Crestview for

  • + Livability (CityLedger)
  • + Cost-adjusted income (pay's real value)
  • + Median household income
  • + Unemployment
  • + Bachelor's degree or higher
  • + Air quality (median AQI)
Full Crestview profile →

Choose Panama City for

  • + Median rent
  • + Median home value
  • + Average commute
Full Panama City profile →

More comparisons

Metros closest to Crestview and Panama City on cost, income, size, and education.

Crestview vs Panama City — frequently asked

Is Crestview cheaper than Panama City?
They are about even — the overall cost of living in the Crestview and Panama City metros is within 3% of each other (BEA Regional Price Parities), so neither is meaningfully cheaper.
Which has higher household income, Crestview or Panama City?
Crestview has the higher median household income — $81,933 versus $77,625 (U.S. Census Bureau, ACS), about 6% more.
Does a paycheck go further in Crestview or Panama City?
A paycheck stretches further in Crestview. Adjusted for local prices, the median income is worth $84,440 there versus $79,782 in Panama City.
Which has cheaper rent, Crestview or Panama City?
Panama City has cheaper rent — a median of $1,543/mo versus $1,784/mo (U.S. Census Bureau, ACS).