Panama City vs San Francisco-Oakland-Berkeley
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 150% cheaper for renters. A 2-bedroom rents for $879/mo vs $2,200/mo in San Francisco-Oakland-Berkeley — saving $15,852/year.
Rent by Unit Size
| Unit Size | Panama City | San Francisco-Oakland-Berkeley | Difference |
|---|---|---|---|
| Studio | $571 | $1,456 | $885 |
| 1 Bedroom | $706 | $1,848 | $1,142 |
| 2 Bedrooms | $879 | $2,200 | $1,321 |
| 3 Bedrooms | $1,032 | $2,832 | $1,800 |
| 4 Bedrooms | $1,302 | $3,149 | $1,847 |
| Median Income | $44,385 | $147,497 | $103,112 |
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
San Francisco-Oakland-Berkeley
- Studio
- $1,456/mo
- 1 BR
- $1,848/mo
- 2 BR
- $2,200/mo
- 3 BR
- $2,832/mo
- 4 BR
- $3,149/mo
- Median Income
- $147,497/yr
Frequently Asked Questions
Is Panama City or San Francisco-Oakland-Berkeley cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $2,200/mo in San Francisco-Oakland-Berkeley. That's $1,321/mo or $15,852/year more expensive in San Francisco-Oakland-Berkeley (150% higher).
What is the 2-bedroom rent in Panama City vs San Francisco-Oakland-Berkeley?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In San Francisco-Oakland-Berkeley, a 2-bedroom FMR is $2,200/month.
How do incomes compare between Panama City and San Francisco-Oakland-Berkeley?
The median household income in Panama City is $44,385/year. In San Francisco-Oakland-Berkeley it is $147,497/year. San Francisco-Oakland-Berkeley has the higher median income.
What is the studio rent in Panama City vs San Francisco-Oakland-Berkeley?
A studio apartment Fair Market Rent in Panama City is $571/mo. In San Francisco-Oakland-Berkeley it is $1,456/mo.