O-2 BAH Rates in Panama City, FL (2026)

The 2026 Basic Allowance for Housing (BAH) rate for an O-2 (First Lieutenant (1LT)) stationed in Panama City, FL is $2,439 per month with dependents and $2,133 per month without dependents. This rate is $169 below the national average for O-2.

BAH is a tax-free housing allowance paid to service members who do not live in government housing. Combined with O-2 base pay of $6,484.5/mo (at 4 years of service) and BAS of $328.48/mo, total monthly compensation in Panama City is approximately $9,251.98 with dependents or $8,945.98 without.

O-2 BAH: Panama City vs National Average

	Panama City	National Avg	Difference
With Dependents	$2,439	$2,608	−$169
Without Dependents	$2,133	$2,243	−$110

O-2 Total Monthly Compensation in Panama City

Here is how O-2 pay breaks down for a service member with 4 years of service stationed in Panama City:

Component	With Dependents	Without Dependents
Base Pay	$6,484.5	$6,484.5
BAH	$2,439	$2,133
BAS	$328.48	$328.48
Total	$9,251.98	$8,945.98

Base pay shown for 4 years of service. BAH and BAS are tax-free. Actual take-home pay will differ after federal tax on base pay. Use our Military Pay Calculator for a personalized estimate.

Other Ranks in Panama City

• E-3 — $2,058/mo
• E-4 — $2,058/mo
• E-5 — $2,163/mo
• E-6 — $2,442/mo
• E-7 — $2,538/mo
• O-1 — $2,202/mo
• O-3 — $2,709/mo

Frequently Asked Questions

What is the 2026 BAH rate for O-2 in Panama City?

The 2026 O-2 BAH rate in Panama City is $2,439/mo with dependents and $2,133/mo without dependents.

What is the total monthly pay for O-2 in Panama City?

An O-2 with 4 years of service in Panama City earns approximately $9,251.98/mo total compensation with dependents (base pay $6,484.5 + BAH $2,439 + BAS $328.48). Without dependents: $8,945.98/mo.

Is Panama City BAH above or below average?

O-2 BAH in Panama City is $169 below the national average of $2,608/mo with dependents.

View all Florida BAH rates →