Panama City, FL Well
Drilling Cost
Avg. Depth
130 ft
Cost / Foot
$24–$55
Total Project
$4,680
vs. National Avg
38% below avg.
the $7,500 national avg.
Panama City, FL Well Drilling Cost by Depth
| Well Depth | Drilling Only | Complete System | Est. Total |
|---|---|---|---|
| 100 ft | $2,400–$5,500 | $7,200–$10,300 | $8,400 |
| 150 ft | $3,600–$8,250 | $8,800–$13,450 | $10,600 |
| 200 ft | $4,800–$11,000 | $10,400–$16,600 | $12,800 |
| 300 ft | $7,200–$16,500 | $13,600–$22,900 | $17,200 |
| 400 ft | $9,600–$22,000 | $16,800–$29,200 | $21,600 |
| 500 ft | $12,000–$27,500 | $20,000–$35,500 | $26,000 |
*Costs are estimates based on Panama City area rates for 2026. Complete system includes casing, pump, pressure tank, electrical, and permits. Actual prices vary by property.
Well Drilling in Panama City, FL
Coastal sand over Chipola and Chattahoochee formations; wells penetrate through sandy overburden into productive limestone
The average residential well in Panama City is 130 feet deep and costs approximately $4,680 for a complete system including drilling, casing, pump, and pressure tank. Drilling rates in the area range from $24 to $55 per foot, which is 38% below the national average of $7,500.
The primary aquifer serving the Panama City area is the Upper Floridan / Sand-and-Gravel Aquifer. Well depths can vary significantly depending on your specific property location and proximity to the aquifer.
Permits & Regulations
Bay County well permit; NWFWMD; $150-$200
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Nearby Areas
Also serving: Lynn Haven, Springfield, Callaway, Parker, Youngstown
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