Pharmacist Salary

Miami vs Panama City: Pharmacist Salary (2026)

Compare pharmacist salaries between Miami, FL and Panama City, FL. All figures are 2026 estimates projected from BLS 2025 data.

Miami, FL
$137,684
$66.20/hr
Panama City, FL
$132,929
$63.91/hr

Side-by-Side Comparison

MetricMiami, FLPanama City, FL
Median Salary$137,684$132,929
Hourly Rate$66.20$63.91
Entry Level (P10)$58,237$49,041
25th Percentile$128,876$54,438
75th Percentile$156,421$147,297
Top Earner (P90)$171,135$170,270
Total Employed6,150180
Side-by-side bar chart comparing Miami ($137,684) and Panama City ($132,929) pharmacist salaries.MiamiPanama CityMedian Salary$137,684$132,929Entry Level (P10)$58,237$49,041Top Earner (P90)$171,135$170,270US Median $143,489

Verdict

Miami, FL offers better overall compensation for pharmacists, winning 4 out of 4 metrics compared to Panama City.

The salary gap between Miami and Panama City is $4,755 (3.58%). Miami's median is -4.05% compared to the US national median of $143,489.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Miami spans $112,898,Panama City spans $121,229. Panama City has a wider pay range, suggesting more variation in pay between entry-level and experienced pharmacists.

Miami
P10 (Entry)$58,237
P25$128,876
Median$137,684
P75$156,421
P90 (Top)$171,135
Panama City
P10 (Entry)$49,041
P25$54,438
Median$132,929
P75$147,297
P90 (Top)$170,270

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Panama City ($136,623 effective) pays 13.28% more than Miami ($120,611 effective).

Miami
Nominal: $137,684
CoL Index: 114.155
Adjusted: $120,611
Panama City
Nominal: $132,929
CoL Index: 97.296
Adjusted: $136,623

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Miami if…

  • Higher median salary ($137,684/year)
  • Better top-earner potential ($171,135)
  • Larger job market (6,150 employed)
  • You prefer the Florida area and lifestyle

Choose Panama City if…

  • Better purchasing power (CoL-adjusted: $136,623)
  • You prefer the Florida area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, pharmacist salaries in Miami grew 9.9% from 2019 to 2025, compared to 6.3% growth in Panama City over the same period.

Miami, FL

+9.9%

$123,000 (2019) → $135,210 (2025)

Panama City, FL

+6.3%

$122,850 (2019) → $130,540 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays pharmacists more: Miami or Panama City?

Miami has a higher median pharmacist salary at $137,684/year, compared to Panama City at $132,929/year — a difference of $4,755 (3.58%).

What is the hourly rate difference between Miami and Panama City?

Miami pharmacists earn $66.20/hr while Panama City hygienists earn $63.91/hr (2026 est.).

Should I relocate from Miami to Panama City as a pharmacist?

Consider more than just salary when comparing Miami and Panama City. Factor in cost of living (CoL-adjusted: Miami = $120,611, Panama City = $136,623), job availability (6,150 vs 180 employed), commute, and career growth potential.

What do entry-level pharmacists earn in Miami vs Panama City?

Entry-level (10th percentile) pharmacists earn $58,237 in Miami and $49,041 in Panama City. The Miami area offers higher starting salaries.

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Written by Sofia Chen, PharmD

Career Analyst

Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.

Clinically reviewed by Liam Patel, PharmDData verified by Amina Al-Sayed, PharmD

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.83% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov