Cost of Living in Panola, OK
Population: 118 | Oklahoma
Panola is 25% less expensive than the national average.
Cost of Living in Panola, OK: What You Need to Know
With a cost of living index of 75, Panola, OK is a very affordable place to live. Living here is 25% cheaper than the national average and 4% above the Oklahoma state average of 71. Panola is a small community of 118 residents.
The median household income in Panola is $38,980, which is 48% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $38,980
- vs US Median ($75,149)
- -48%
Housing
- Median Home Value
- $45,700
- Median Monthly Housing Cost
- $284/mo