Cost of Living in Panama, IA
Population: 283 | Iowa
70
Cost of Living Index
US Average = 100
Panama is 30% less expensive than the national average.
71
Housing
40
Home Values
91
Regional Price
Income
- Median Household Income
- $61,250
- vs US Median ($75,149)
- -18%
Housing
- Median Rent
- $939/mo
- Median Home Value
- $121,600
- Median Monthly Housing Cost
- $905/mo
Climate in Panama
NOAA 30-year normals (1991-2020)
52.4°F
Avg Temperature
31.9"
Rainfall / Year
103d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 34 | 39 | 52 | 64 | 75 | 84 | 88 | 86 | 79 | 66 | 50 | 38 |
| Avg °F | 24 | 29 | 41 | 53 | 64 | 74 | 78 | 76 | 68 | 54 | 40 | 29 |
| Low °F | 15 | 19 | 30 | 41 | 53 | 63 | 68 | 66 | 56 | 43 | 30 | 20 |
| Rain" | 0.8 | 1.0 | 1.8 | 3.2 | 4.7 | 4.4 | 3.6 | 4.6 | 3.0 | 2.3 | 1.5 | 1.2 |