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Madill, OK vs Panama, OK

63
Madill
Oklahoma
VS
-5.6%
67
Panama
Oklahoma

Madill is moderately more affordable than Panama, with a 5.6% lower cost of living index. Madill scores 63 compared to 67 for Panama, where the US average is 100. This difference means residents of Panama can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madill is $764/month compared to $833/month in Panama — a 8% difference. Home values follow the same pattern: Madill is more affordable at $101,400 median vs $121,100.

Median household income in Madill is $47,022 compared to $45,489 in Panama (+3.4%). Madill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Madill spend roughly 19.5% of their income on rent, less than the 22% in Panama.

Income & Cost

Cost of Living Index
Madill
63
6% cheaper
Panama
67
Median Household Income
Madill
$47,022
3% higher
Panama
$45,489

Housing

Median Rent
Madill
$764
8% cheaper
Panama
$833
Median Home Value
Madill
$101,400
16% cheaper
Panama
$121,100
Population
Madill
3,966
Panama
1,432

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