Panama, IA


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United States / Iowa / No Metro Area / Shelby County / Panama / Zip Codes
Panama, IA

About Panama, IA

Living in Panama, IA is like living in a small rural town. The population is just over 600 people, creating a tight-knit community of neighbors and friends. Residents enjoy the quiet atmosphere and natural beauty of the surrounding area. With nearby lakes, rivers, parks, and trails, there are plenty of opportunities to get outdoors and explore nature. There are also several local businesses offering unique shopping experiences and restaurants offering delicious cuisine. The friendly atmosphere of the town makes it easy for newcomers to feel welcome and quickly become part of the community. Living in Panama is great for those who enjoy a slower paced lifestyle surrounded by nature without sacrificing access to modern amenities!

Location Details

State: Iowa
County: Shelby County
Metro Area: No Metro Area
City: Panama
Zip Codes: 51562
Cost of Living: -23.5% lower

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Panama Cost of Living
$$$$



$183,100
-84.7% lower than avg
$78,750
+12.4% higher than avg
$840 /mo
Monthly rent (2br)
-36.7% lower than avg
Panama Crime
13 / 100
Crime is ranked on a scale of 1 (low) to 100 (high). US average: 35.4
Minimum annual income
To live comfortably in Panama, Iowa
$34,920
for a family
$27,600
for a single person
Cost of Living
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