McIntire, IA vs Panama, IA
There is a significant gap in the cost of living between these two cities. McIntire is 18.5% cheaper than Panama. With a cost index of 57 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McIntire to Panama should plan for substantially higher expenses across most categories.
On the housing front, median rent in McIntire is $669/month compared to $939/month in Panama — a 29% difference. Home values follow the same pattern: McIntire is more affordable at $63,200 median vs $121,600.
Median household income in McIntire is $36,250 compared to $61,250 in Panama (-40.8%). 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 McIntire spend roughly 22.1% of their income on rent, more than the 18.4% in Panama.
Climate-wise, Panama is notably warmer with an average of 52.4°F compared to 44.8°F in McIntire. McIntire receives more rainfall at 34.7" per year compared to 31.9" in Panama.
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Climate
NOAA 30-year normals (1991-2020)