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College Costs in Panama City, FL 2026

Compare tuition, housing, and financial aid across 2 colleges in Panama City, Florida. Use our free calculator to estimate your total cost.

Avg Public Tuition

$6,400

per year

Avg Private Tuition

$30,000

per year

Avg Rent Near Campus

$1,032

per month

Colleges & Universities

2

institutions

Panama City Overview

Population

37,265

Student Population

1,918 (5.1%)

Cost of Living Index

93.3 (avg: 100)

Walk Score

47/100

Transit Score

16/100

Unemployment Rate

2.6%

College Cost Calculator for Panama City

Cost Inputs

Total Cost (4 Years, Public In-State)

$80,676

Total After Financial Aid

$80,676

Annual Cost

$20,169

Annual After Aid

$20,169

Cost Breakdown (4 Years)

Tuition$25,600
Room & Board$55,076

If Financed (10-Year Loan at 6.5%)

Loan Amount$80,676
Monthly Payment$916
Total Interest$29,251
Total Loan Cost$109,927

Universities in Panama City

UniversityTypeAnnual Tuition
Panama City State UniversityPublic$6,096
Panama City Community CollegeCommunity$5,173

Panama City has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Panama City vs. National Average

CategoryPanama CityNational AvgDifference
Public Tuition (In-State)$6,400$10,940-$4,540
Monthly Rent Near Campus$1,032$1,050-$18
Cost of Living Index93.3100-6.700000000000003

Panama City's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Panama City

47

Walk Score

Car-Dependent

16

Transit Score

Minimal Transit

5.1%

Student Population

1,918 students

Panama City has a total population of 37,265, with approximately 1,918 college students (5.1% of the population). While not primarily a college town, Panama City offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Panama City

$35,419

Starting Salary

2.6%

Unemployment Rate

52%

Graduation Rate

~193 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Panama City earn a median starting salary of $35,419, which is $419 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $80,676 (including room and board), it would take approximately 193 years of the salary premium to recoup the investment. With average financial aid of $12,403 per student per year, the net cost and payback period can be significantly reduced.

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