Boulder vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 58% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,393/mo in Boulder — saving $6,168/year.
Rent by Unit Size
| Unit Size | Boulder | Panama City | Difference |
|---|---|---|---|
| Studio | $912 | $571 | $341 |
| 1 Bedroom | $1,165 | $706 | $459 |
| 2 Bedrooms | $1,393 | $879 | $514 |
| 3 Bedrooms | $1,797 | $1,032 | $765 |
| 4 Bedrooms | $2,079 | $1,302 | $777 |
| Median Income | $78,256 | $44,385 | $33,871 |
Boulder
- Studio
- $912/mo
- 1 BR
- $1,165/mo
- 2 BR
- $1,393/mo
- 3 BR
- $1,797/mo
- 4 BR
- $2,079/mo
- Median Income
- $78,256/yr
Panama City
- Studio
- $571/mo
- 1 BR
- $706/mo
- 2 BR
- $879/mo
- 3 BR
- $1,032/mo
- 4 BR
- $1,302/mo
- Median Income
- $44,385/yr
Frequently Asked Questions
Is Boulder or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,393/mo in Boulder. That's $514/mo or $6,168/year more expensive in Boulder (58% higher).
What is the 2-bedroom rent in Boulder vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Boulder and Panama City?
The median household income in Boulder is $78,256/year. In Panama City it is $44,385/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Panama City?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Panama City it is $571/mo.