Zip 68419 (Panama, NE) Cost of Living


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Panama cost of living score
92.6
Less expensive
7.4% lower
than the US average
5.5% higher
than the Nebraska average
Panama (zip 68419), Nebraska gets a BestPlaces Cost of Living score of 92.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.4% lower than the U.S. average and 5.5% lower than the average for Nebraska.

Zip 68419 (Panama, NE)

Housing costs in Panama?
A typical home costs $234,200, which is 30.7% less expensive than the national average of $338,100 and 2.7% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Panama costs $1,040 per month, which is 7.2% more than the national average of $970 and 6.7% more than the state average of $970.

Can I afford Panama?
To live comfortably in Panama (zip 68419), Nebraska, a minimum annual income of $45,000 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Panama?
The cost of living in 68419 Panama, NE is relatively low compared to the national average. The median home value is around $65,000, and rental costs are typically quite affordable. Property taxes are also lower here than in many other states, making it a great place for those looking to stretch their budget. The overall cost of living index is around 85, which is 15 points below the national average. This makes Panama a great option for individuals or families who want to live in a rural area without breaking the bank.
   Cost of living score
     CategoriesPanamaNebraskaUnited States
  92.687.8100.0
  96.294.9100
  134.4131.3100.0
  77.470.3100.0
  $234,200$228,100$338,100
  91.9%95.0%100.0%
  79.276.1100.0
  135.6114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime