Cost of Living: Indianapolis, IN vs Panama, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Indianapolis | Panama |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $238,000 | $120,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Indianapolis vs Panama
- In Indianapolis, the median home price is higher at $238,000, while in Panama it is $120,000.
- The rent for a two-bedroom apartment is equal in both Indianapolis and Panama at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Indianapolis | Panama |
|---|---|---|
| Electricity Price | $14.89 | $12.37 |
| Natural Gas Price | $Data is updating | $20.27 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Indianapolis vs Panama
- Electricity costs are higher in Indianapolis at $14.89 per kWh, compared to $12.37 in Panama.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Indianapolis and Panama averaging $200.