Cost of Living in Panola, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
53.4
100 = national avg
-46.6 vs national average
Living Wage (1 Adult)
$23,488
per year
Living Wage (Family of 4)
$55,516
per year
Cost Index by Category
Housing22.6
Food79.8
Transportation59.6
Healthcare83.8
Utilities72.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$714
per month
2 Bedroom
$937
per month
The overall cost of living index in Panola is 53.4, which is 46.6% below the national average. Housing costs are below the national average at an index of 22.6. A single adult needs to earn approximately $23,488 per year to cover basic expenses.