Assisted Living Communities in Panama City Beach, Florida

Assisted Living costs in Panama City Beach start around $3,775 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Panama City Beach and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Florida page.

Located on the Gulf of Mexico, Panama City Beach is situated on 27 miles of white sand. Seniors can relax in a beach chair or visit the state parks in the area before retiring in the evenings to one of eight assisted living facilities located in Panama City Beach. These facilities offer an alternative housing solution for older adults who may need help with basic tasks like eating, dressing and bathing, but do not require the intensive medical care or nursing assistance offered in nursing homes. 

• Panama City Beach has a slightly higher cost of living than the United States and other cities in the state. This may make it a challenge for those on a strict budget.
  
  
• Like most cities in Florida, Panama City Beach receives over 60 inches of rain per year but no snow. The average summer highs are usually around 90 degrees, while winters rarely drop below 40.
  
  
• The crime rate in Panama City Beach is higher than the average U.S. city. Crime is also higher than other urban cities within the state. On a scale from 1 (low) to 100 (high), Panama City Beach ranks 62.9 for violent crime and 83.9 for property crime.
  
  
• Panama City Beach is home to world-class medical facilities, including the Gulf Coast Regional Medical Center, in the event of medical emergencies or illness.
  
  
• The Panama City Beach area has an array of community resources for seniors, including the Bay County Council on Aging, which provides five hot and nutritious meals a week through Meals on Wheels, offers energy assistance for those on a budget and provides a caregiver support program, as well as three senior centers.
  
  
• Emerald Coast provides transportation for seniors to and from medical appointments at a low cost. Bay County Transportation also offers a discount for the elderly or disabled.