Panhandle, TX vs Winona, TX

Panhandle, TX and Winona, TX have a very similar cost of living, with only a 3.3% difference in their overall index. Panhandle scores 74 while Winona scores 77 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 Panhandle is $981/month compared to $1,136/month in Winona — a 14% difference. Interestingly, home values tell a different story: while Panhandle has cheaper rent, Winona actually has lower median home values ($118,300 vs $151,800).

Median household income in Panhandle is $86,354 compared to $52,958 in Winona (+63.1%). Panhandle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Panhandle spend roughly 13.6% of their income on rent, less than the 25.7% in Winona.