Duncan, NE vs Panama, NE

There is a significant gap in the cost of living between these two cities. Duncan is 18.8% cheaper than Panama. With a cost index of 70 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Duncan to Panama should plan for substantially higher expenses across most categories.

On the housing front, median rent in Duncan is $850/month compared to $1,250/month in Panama — a 32% difference. Home values follow the same pattern: Duncan is more affordable at $150,000 median vs $196,000.

Median household income in Duncan is $58,875 compared to $89,583 in Panama (-34.3%). While Panama is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Duncan spend roughly 17.3% of their income on rent, more than the 16.7% in Panama.

Climate-wise, both cities share similar average temperatures (49.2°F vs 51.2°F). Panama receives more rainfall at 32.3" per year compared to 27" in Duncan.