Panama, OK vs Stilwell, OK
There is a significant gap in the cost of living between these two cities. Stilwell is 15.6% cheaper than Panama. With a cost index of 58 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stilwell to Panama should plan for substantially higher expenses across most categories.
On the housing front, median rent in Panama is $833/month compared to $594/month in Stilwell — a 40% difference. Home values follow the same pattern: Stilwell is more affordable at $99,800 median vs $121,100.
Median household income in Panama is $45,489 compared to $32,738 in Stilwell (+38.9%). 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 Panama spend roughly 22% of their income on rent, more than the 21.8% in Stilwell.
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