Panama, OK vs Roland, OK

Panama, OK and Roland, OK have a very similar cost of living, with only a 0.3% difference in their overall index. Panama scores 67 while Roland scores 66 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 Panama is $833/month compared to $849/month in Roland — a 2% difference. Home values follow the same pattern: Panama is more affordable at $121,100 median vs $130,300.

Median household income in Panama is $45,489 compared to $50,563 in Roland (-10%). Roland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Panama spend roughly 22% of their income on rent, more than the 20.1% in Roland.