Why is Panama City Beach so cheap?
Affordable living in panama city beach another important factor is that florida does not have state income taxes. This means more money on your paycheck and in your pocket. A statewide 6% sales tax applies to most items, but groceries, medical supplies, and a few others are exempt from sales tax. Owning or renting in panama city beach can be surprisingly competitive – especially in comparison to destin or pensacola: median home price ~ $385,000. Average rents: 1‑bed: $1,600 , 2‑bed: $2,100. Florida’s no income tax and modest property taxes boost affordability.
Which side of Panama City Beach is better?
Panama City Beach’s West End is the quieter side of the area where you’ll find quaint communities dotting the beaches and less high-rise condominiums. Still packed with fun things to do, planning your trip here lets you pick from natural wonders and at-your-pace attractions. Many students come to Panama City Beach for spring break, while families come during the school vacations in July and August. The best times to visit Panama City Beach are in March–April and September–November. They’re when hotels usually offer great promotions and the weather is suitable for outdoor activities.