Example household · Panama City, FL · $83,730 · same pay · 1 adult

Tallahassee skyline

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Panama City vs Tallahassee

Panama City and Tallahassee

Photo: UrbanTallahassee / Wikimedia, CC BY-SA 3.0

Assumed income $83,730, same in both cities. Example, until you change it.

Same pay in both cities. One adult, one bedroom.

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So you know: homicide deaths in Tallahassee are above the US rate in this release, 7.2 versus 6.5 per 100,000. CDC via County Health Rankings, CDC NVSS 2017–2023 (CHR 2025 release).

Why people look at Panama City to Tallahassee

In 2022-2023, 124 households filed a move from Panama City to Tallahassee (about 194 people, average adjusted gross income $42,887). 170 households went the other way. Source: IRS migration.

A one-bedroom asking rent is about $1,328 in Panama City and $1,131 in Tallahassee. Panama City has no state tax on wages. Tallahassee has no state tax on wages. Local pay in Tallahassee is 84% of the national level for the same work, against 88% in Panama City.

Tallahassee averages 232 sunny days, with July highs around 91°F and January nights around 44°F. Panama City is 229 sunny days, 91°F in July, 44°F in January. Commutes average 23 minutes in Tallahassee and 26 in Panama City.

These figures are projections built from available public data. Conditions change, and the numbers may not reflect current prices, taxes, or immigration rules. Check official sources before you make decisions.

How we figure this

Who already made this move

In 2022-2023, 124 households moved Panama City → Tallahassee (about 194 people, average AGI $42,887). 170 households went the other way.

Source: IRS SOI county-to-county migration. Not a moving company; not a recommendation.

The monthly number is take-home pay minus rent and the other bills. The gap between Panama City and Tallahassee changes with the job, remote or local pay, and bedrooms. How we figure this.

What the move itself costs

About 99 road miles, 1 bedroom. Typical ranges, not quotes.

Full-service mover
$1,650–$3,050
Container or pod
$1,100–$2,050
Rent a truck
$400–$750

Movers in Tallahassee and how to hire one →

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Questions

Is Tallahassee cheaper than Panama City after tax and rent?

Yes. Tallahassee leaves about $240 more a month, so the cost of living is lower there for this household. A one-bedroom is about $1,328 in Panama City and $1,131 in Tallahassee.

Does Tallahassee have state income tax?

Tallahassee is in Florida, which has no state income tax.

Did people actually move from Panama City to Tallahassee?

Yes, when the IRS published that flow. The count and their average income are on this page. Leftover prices the same household in both cities.