Panama City vs Scranton-Wilkes-Barre
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Scranton-Wilkes-Barre is 21% cheaper for renters. A 2-bedroom rents for $729/mo vs $879/mo in Panama City — saving $1,800/year.
Rent by Unit Size
| Unit Size | Panama City | Scranton-Wilkes-Barre | Difference |
|---|---|---|---|
| Studio | $571 | $482 | $89 |
| 1 Bedroom | $706 | $590 | $116 |
| 2 Bedrooms | $879 | $729 | $150 |
| 3 Bedrooms | $1,032 | $925 | $107 |
| 4 Bedrooms | $1,302 | $993 | $309 |
| Median Income | $44,385 | $37,743 | $6,642 |
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
Scranton-Wilkes-Barre
- Studio
- $482/mo
- 1 BR
- $590/mo
- 2 BR
- $729/mo
- 3 BR
- $925/mo
- 4 BR
- $993/mo
- Median Income
- $37,743/yr
Frequently Asked Questions
Is Panama City or Scranton-Wilkes-Barre cheaper to rent in?
Scranton-Wilkes-Barre is cheaper — a 2-bedroom Fair Market Rent is $729/mo vs $879/mo in Panama City. That's $150/mo or $1,800/year more expensive in Panama City (21% higher).
What is the 2-bedroom rent in Panama City vs Scranton-Wilkes-Barre?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Scranton-Wilkes-Barre, a 2-bedroom FMR is $729/month.
How do incomes compare between Panama City and Scranton-Wilkes-Barre?
The median household income in Panama City is $44,385/year. In Scranton-Wilkes-Barre it is $37,743/year. Panama City has the higher median income.
What is the studio rent in Panama City vs Scranton-Wilkes-Barre?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Scranton-Wilkes-Barre it is $482/mo.