Cost of Living: Panama, OK vs Siloam springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Panama | Siloam springs |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $120,000 | $245,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $800 |
| Average Rent (2 BR House) | $Data is updating | $850 |
Housing Comparison: Panama vs Siloam springs
- The median home price in Siloam springs is higher at $245,000, compared to $120,000 in Panama.
- The rent for a two-bedroom apartment is equal in both Panama and Siloam springs at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Panama | Siloam springs |
|---|---|---|
| Electricity Price | $12.37 | $12.36 |
| Natural Gas Price | $20.27 | $17.08 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Panama vs Siloam springs
- Electricity costs are higher in Panama at $12.37 per kWh, compared to $12.36 in Siloam springs.
- Natural gas is more expensive in Panama at $20.27 per unit, while it is cheaper at $17.08 in Siloam springs.
- Utility expenses are equal in both Panama and Siloam springs averaging $0.0.