Housing costs in Panama?
A typical home costs
$94,300, which is 72.1% less expensive than the national average of
$338,100 and 46.0% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Panama costs
$710 per month, which is 23.7% cheaper than the national average of
$930 and 11.3% cheaper than the state average of
$790.
Can I afford Panama?
To live comfortably in Panama (zip 74951), Oklahoma, a minimum annual income of
$18,000 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Panama?
The cost of living in 74951 Panama, OK is relatively low. Rent for a one-bedroom apartment averages around $500 per month and groceries are affordable. Utilities tend to be less expensive due to the mild climate in the area, making it an attractive place for those who want to save money while still enjoying the benefits of living in a small city. Transportation is also relatively cheap, with public transport averaging around $2 per trip. Overall, 74951 Panama, OK is a great place to live for those interested in saving money while still having access to all the necessary amenities that come with living in a small town.