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Panama, NE vs Walton, NE

86
Panama
Nebraska
VS
-23.4%
112
Walton
Nebraska

There is a significant gap in the cost of living between these two cities. Panama is 23.4% cheaper than Walton. With a cost index of 86 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Panama to Walton should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Panama are $196,000 compared to $491,100 in Walton, a 60% gap.

Median household income in Panama is $89,583 compared to $48,725 in Walton (+83.9%). Panama offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

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

Income & Cost

Cost of Living Index
Panama
86
23% cheaper
Walton
112
Median Household Income
Panama
$89,583
46% higher
Walton
$48,725

Housing

Median Rent
Panama
$1,250
Walton
Median Home Value
Panama
$196,000
60% cheaper
Walton
$491,100
Population
Panama
223
Walton
624

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Panama $2.96
Walton $2.96
US $3.07
🥚
Eggs (grade A, large)
Panama $2.41
Walton $2.41
US $2.50
🥛
Milk (whole)
Panama $3.89
Walton $3.89
US $4.03
🍞
Bread (white)
Panama $1.79
Walton $1.79
US $1.85
🍗
Chicken breast
Panama $4.00
Walton $4.00
US $4.14
Electricity
Panama $0.15
Walton $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Panama 51.2°F
Walton 51.2°F
Summer High
Panama 87°F
Walton 87°F
Winter Low
Panama 14°F
Walton 14°F
Rainfall
Panama 32.3"
Walton 32.3"
Rainy Days
Panama 111d
Walton 111d