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Lahoma, OK vs Panama, OK

66
Lahoma
Oklahoma
VS
-0.1%
67
Panama
Oklahoma

Lahoma, OK and Panama, OK have a very similar cost of living, with only a 0.1% difference in their overall index. Lahoma scores 66 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 Lahoma is $875/month compared to $833/month in Panama — a 5% difference. Interestingly, home values tell a different story: while Panama has cheaper rent, Lahoma actually has lower median home values ($117,900 vs $121,100).

Median household income in Lahoma is $83,750 compared to $45,489 in Panama (+84.1%). Lahoma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lahoma spend roughly 12.5% of their income on rent, less than the 22% in Panama.

Income & Cost

Cost of Living Index
Lahoma
66
Panama
67
Median Household Income
Lahoma
$83,750
46% higher
Panama
$45,489

Housing

Median Rent
Lahoma
$875
Panama
$833
5% cheaper
Median Home Value
Lahoma
$117,900
3% cheaper
Panama
$121,100
Population
Lahoma
514
Panama
1,432

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lahoma $2.86
Panama
US $3.07
🥚
Eggs (grade A, large)
Lahoma $2.33
Panama
US $2.50
🥛
Milk (whole)
Lahoma $3.76
Panama
US $4.03
🍞
Bread (white)
Lahoma $1.73
Panama
US $1.85
🍗
Chicken breast
Lahoma $3.87
Panama
US $4.14
Electricity
Lahoma $0.15
Panama
US $0.19