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Ketchum, OK vs Panama, OK

65
Ketchum
Oklahoma
VS
-1.8%
67
Panama
Oklahoma

Ketchum, OK and Panama, OK have a very similar cost of living, with only a 1.8% difference in their overall index. Ketchum scores 65 while Panama scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Ketchum is $786/month compared to $833/month in Panama — a 6% difference. Interestingly, home values tell a different story: while Ketchum has cheaper rent, Panama actually has lower median home values ($121,100 vs $124,200).

Median household income in Ketchum is $48,750 compared to $45,489 in Panama (+7.2%). Ketchum offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ketchum spend roughly 19.3% of their income on rent, less than the 22% in Panama.

Income & Cost

Cost of Living Index
Ketchum
65
2% cheaper
Panama
67
Median Household Income
Ketchum
$48,750
7% higher
Panama
$45,489

Housing

Median Rent
Ketchum
$786
6% cheaper
Panama
$833
Median Home Value
Ketchum
$124,200
Panama
$121,100
2% cheaper
Population
Ketchum
505
Panama
1,432

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