Moving from Panama City to Savannah (2026)

Savannah has a COL index of 92 vs 58 for Panama City (100 = US average). Expect to pay about 59% more for the same lifestyle.

Pay ~$944 more/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
58 โ†’ 92
100 = US avg
1BR rent
$900 โ†’ $1,500
per month
State tax
None โ†’ 5.5%
income tax
COL difference
58 โ†’ 92
59% more expensive

Salary needed in Savannah to match your Panama City lifestyle

Based on the 59% cost of living increase between the two cities.

Your salary in Panama CityEquivalent in Savannah
$40K$63,448
$50K$79,310
$60K$95,172
$75K$118,966
$80K$126,897
$100K$158,621
$120K$190,345
$150K$237,931

Adjust your salary

Pay ~$604/mo moreon core expenses at $75K

Monthly budget at $75K โ€” Panama City vs Savannah

ExpensePanama CitySavannah
Monthly take-home$4,741$4,397
1BR rent$900$1,500
Groceries$380$369
Transport$150$48
Utilities$70$165
Internet$40$62
Left after essentials$3,201$2,253

Frequently asked questions

Is Savannah cheaper than Panama City?

No. Savannah has a cost of living index of 92 vs 58 for Panama City (100 = US average). That's about 59% more expensive.

How much will I save moving from Panama City to Savannah?

On a $75K salary, core expenses in Savannah run about $944/month more than Panama City. Factor this into your salary negotiation when relocating.

What salary do I need in Savannah to match my Panama City lifestyle?

To maintain the same purchasing power as $75,000 in Panama City, you'd need roughly $118,966/year in Savannah. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only