Home project costs in Panama City, FL
Every project we cover, priced for the Panama City-Panama City Beach metro with local BLS wages and BEA price levels.
Panama City sits 112th of 300 metros on BEA's regional price index, at 97.3 where the US is 100. Goods, the index that drives materials, is 96.2 (170th). The metro has about 90,610 jobs in BLS's May 2025 survey.
Not every job moves the same way here: 0 of the 38 projects price above the national midpoint and 38 below. Attic insulation (−4%), laminate flooring (−6%) and vinyl fence (−6%) sit highest, and home addition (−13%), shower pan (−13%) and metal roof (−12%) sit lowest. Labor-heavy work tracks local wages; materials-heavy work tracks the goods index.
Weather: the nearest NOAA station (Panama City 5N, 6 miles away) shows a January average low of 43°F, a July average high of 91°F and 61 inches of precipitation a year (1991-2020 normals). For concrete pours, the workable months are September through June; for exterior installation, they are September through June.
What local trades earn in Panama City
| Trade | Projects using it | 25th pct | Median | 75th pct | US median | Ratio |
|---|---|---|---|---|---|---|
| Construction laborers (47-2061) | 25 | $17.54 | $20.79 | $22.57 | $22.66 | 0.92 |
| Carpenters (47-2031) | 23 | $21.11 | $23.87 | $27.84 | $29.12 | 0.82 |
| Operating engineers and other construction equipment operators (47-2073) | 10 | $21.88 | $23.38 | $27.56 | $28.78 | 0.81 |
| Plumbers, pipefitters and steamfitters (47-2152) | 7 | $18.26 | $22.98 | $28.46 | $30.67 | 0.75 |
| Cement masons and concrete finishers (47-2051) | 6 | $18.57 | $22.78 | $25.11 | $27.41 | 0.83 |
| Electricians (47-2111) | 6 | $21.90 | $25.43 | $29.07 | $30.38 | 0.84 |
| Tile and stone setters (47-2044) | 5 | n/a | n/a | n/a | $26.77 | n/a |
| Roofers (47-2181) | 5 | $18.04 | $21.97 | $24.02 | $26.65 | 0.82 |
Concrete & paving in Panama City
Across these 7 projects, Panama City averages −9% against national midpoints. Asphalt driveway is highest at −7% and concrete driveway lowest at −11%.
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Concrete slab cost in Panama City | 400 sq ft | $2,250 – $4,800 | −8% |
| Concrete driveway cost in Panama City | 600 sq ft | $3,250 – $8,150 | −11% |
| Asphalt driveway cost in Panama City | 600 sq ft | $2,850 – $6,850 | −7% |
| Gravel driveway cost in Panama City | 1,000 sq ft | $2,300 – $9,350 | −9% |
| Paver patio cost in Panama City | 300 sq ft | $2,750 – $5,050 | −8% |
| Concrete patio cost in Panama City | 300 sq ft | $1,150 – $3,600 | −9% |
| Stamped concrete cost in Panama City | 400 sq ft | $3,000 – $7,250 | −9% |
Decks & outdoor in Panama City
Across these 2 projects, Panama City averages −10% against national midpoints. Wood deck is highest at −9% and composite deck lowest at −11%.
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Wood deck cost in Panama City | 300 sq ft | $6,850 – $13,800 | −9% |
| Composite deck cost in Panama City | 300 sq ft | $10,700 – $21,500 | −11% |
Building & additions in Panama City
The 2 jobs here average −12% versus the US in Panama City, from −13% (home addition) to −10% (detached garage).
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Detached garage cost in Panama City | 576 sq ft | $26,100 – $52,500 | −10% |
| Home addition cost in Panama City | 300 sq ft | $32,900 – $66,700 | −13% |
Doors & windows in Panama City
Across these 5 projects, Panama City averages −9% against national midpoints. Window replacement is highest at −8% and patio door lowest at −11%.
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Garage door cost in Panama City | 1 door | $630 – $3,400 | −8% |
| Storm door cost in Panama City | 1 door | $310 – $860 | −10% |
| Front door cost in Panama City | 1 door | $440 – $2,350 | −8% |
| Window replacement cost in Panama City | 10 windows | $4,100 – $13,900 | −8% |
| Patio door cost in Panama City | 1 door | $550 – $5,350 | −11% |
Fencing in Panama City
Across these 4 projects, Panama City averages −8% against national midpoints. Vinyl fence is highest at −6% and chain-link fence lowest at −9%.
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Wood fence cost in Panama City | 150 linear ft | $2,750 – $7,050 | −8% |
| Vinyl fence cost in Panama City | 150 linear ft | $4,300 – $8,600 | −6% |
| Chain-link fence cost in Panama City | 150 linear ft | $1,450 – $5,600 | −9% |
| Aluminum fence cost in Panama City | 150 linear ft | $3,500 – $10,600 | −8% |
Roofing & exterior in Panama City
Across these 5 projects, Panama City averages −9% against national midpoints. Attic insulation is highest at −4% and metal roof lowest at −12%.
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Roof replacement cost in Panama City | 2,000 sq ft of roof | $5,350 – $11,200 | −11% |
| Metal roof cost in Panama City | 2,000 sq ft of roof | $8,650 – $29,100 | −12% |
| Gutters cost in Panama City | 160 linear ft | $1,150 – $3,850 | −9% |
| Vinyl siding cost in Panama City | 2,100 sq ft of wall | $7,600 – $22,800 | −10% |
| Attic insulation cost in Panama City | 1,000 sq ft | $960 – $3,850 | −4% |
Kitchen & bath in Panama City
The 5 jobs here average −10% versus the US in Panama City, from −13% (shower pan) to −7% (kitchen remodel).
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Kitchen cabinets cost in Panama City | 25 linear ft | $3,900 – $12,400 | −11% |
| Shower pan cost in Panama City | 1 pan | $770 – $2,500 | −13% |
| Kitchen remodel cost in Panama City | 120 sq ft | $17,300 – $29,500 | −7% |
| Bathroom remodel cost in Panama City | 45 sq ft | $4,200 – $20,700 | −11% |
| Kitchen backsplash cost in Panama City | 30 sq ft | $270 – $1,350 | −9% |
Landscaping & drainage in Panama City
The 5 jobs here average −8% versus the US in Panama City, from −11% (sprinkler system) to −6% (sod installation).
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| French drain cost in Panama City | 60 linear ft | $550 – $1,950 | −8% |
| Retaining wall cost in Panama City | 200 sq ft of wall face | $6,350 – $12,400 | −8% |
| Sod installation cost in Panama City | 1,500 sq ft | $1,400 – $3,100 | −6% |
| Sprinkler system cost in Panama City | 4,000 sq ft of lawn | $3,550 – $8,950 | −11% |
| Inground pool cost in Panama City | 450 sq ft | $32,700 – $102,500 | −9% |
Flooring & interior in Panama City
Across these 3 projects, Panama City averages −7% against national midpoints. Laminate flooring is highest at −6% and tile flooring lowest at −8%.
| Project | Size | Panama City range | vs. US |
|---|---|---|---|
| Hardwood flooring cost in Panama City | 500 sq ft | $5,100 – $11,600 | −7% |
| Laminate flooring cost in Panama City | 500 sq ft | $1,900 – $6,600 | −6% |
| Tile flooring cost in Panama City | 200 sq ft | $2,100 – $9,300 | −8% |
Panama City against its nearest metros
Taking every project together, Panama City comes out −9% versus the national midpoint. Of the 6 closest metros, 1 prices higher and 5 lower. Albany is the lowest at −14% (130 miles) and Crestview the highest at −8% (50 miles). These are unweighted averages of the midpoints, a rough guide to overall price level rather than a number for any one job.
| Metro | Distance | Price index | Goods index | All projects vs. US |
|---|---|---|---|---|
| Panama City, FLthis page | 97.3 | 96.2 | −9% | |
| Crestview, FL | 50 miles | 97.0 | 96.2 | −8% |
| Dothan, AL | 70 miles | 83.8 | 96.4 | −14% |
| Tallahassee, FL | 80 miles | 93.9 | 96.2 | −11% |
| Pensacola, FL | 95 miles | 97.7 | 96.2 | −9% |
| Daphne, AL | 130 miles | 94.7 | 96.4 | −11% |
| Albany, GA | 130 miles | 87.7 | 96.3 | −14% |