Panama, IL


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Panama, IL

About Panama, IL

Living in Panama, IL is a great experience as it provides the perfect balance between rural and urban life. The small town provides a safe and friendly environment with plenty of unique shops, restaurants, and activities to explore. Residents have access to outdoor recreation such as hiking and fishing at the nearby lake, and can enjoy a variety of cultural events throughout the year. Residents appreciate the convenience of being close to larger cities like Chicago while still maintaining the peaceful atmosphere that comes with living in a small town. Panama, IL is an ideal place for both families and individuals looking for some peace and quiet away from the hustle and bustle of city life. Large city - Missouri-Illinois border along the Mississippi River.

Location Details

State: Illinois
County: Montgomery County
Metro Area: St. Louis Metro Area
City: Panama
Zip Codes: 62077
Cost of Living: -29.1% lower
Time zone: Central Standard Time (CST)
Elevation: 570 ft above sea level
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Dig Deeper on Panama

The St. Louis, MO metro area has a long and interesting history that began in 1764 when it was founded by French fur traders. This city, located along the Mississippi River, played a crucial role in the westward expansion of the United States. Its iconic Gateway Arch stands as a symbol of this historical significance, inviting people to learn about the city's past and its role as a gateway to the western frontier.

Geographically, St. Louis is marked by its position along the mighty Mississippi River, which forms the eastern boundary of the city. The area around St. Louis features rolling hills and fertile plains, offering scenic beauty and opportunities for various outdoor activities. The climate here includes hot summers and cold winters, allowing residents to experience all four seasons.

St. Louis boasts a dynamic economy with strengths in healthcare, education, manufacturing, and transportation. It is home to several major corporations and institutions, including Anheuser-Busch, Boeing, and Washington University. These industries provide a robust job market and contribute to the region's economic stability. Despite its economic growth, St. Louis maintains a relatively affordable cost of living compared to other major cities in the United States.

The voting patterns in St. Louis reveal a politically diverse area. The city itself tends to lean more liberal, while the surrounding suburbs and rural areas might lean more conservative. This mix of political views contributes to a lively and engaging political atmosphere in the metro area.

Living in St. Louis offers residents a variety of activities and amenities. The city is known for its arts and culture scene, with numerous museums, theaters, and music venues to explore. Sports fans can enjoy cheering on professional teams like the St. Louis Cardinals baseball team and the St. Louis Blues hockey team. Outdoor enthusiasts are not left out, with many parks, trails, and rivers available for hiking, biking, and boating. The area also has a thriving food scene, offering everything from local barbecue joints to international cuisine.

For new residents, it's important to know that St. Louis is a welcoming community with a strong sense of pride in its history and culture. While exploring different neighborhoods, newcomers will find each has its own unique character and charm. However, like any large city, St. Louis has areas with higher crime rates, so it's advisable to research and choose a neighborhood that aligns with one's lifestyle and safety preferences. Additionally, newcomers should be prepared for the city's weather patterns, including hot, humid summers and cold winters.

In summary, the St. Louis, MO metro area offers a blend of historical significance, economic opportunity, and a wide range of activities for its residents. With an affordable cost of living, a variety of cultural and recreational options, and a welcoming community, St. Louis is an attractive place to live for people from all walks of life.

Panama Cost of Living
$$$$

Cost of living, arts & culture, and educated population make Panama a great place to live.

$67,100
-403.9% lower than avg
$56,875
-21.4% lower than avg
$790 /mo
Monthly rent (2br)
-45.3% lower than avg
Panama Crime
20.9 / 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, Illinois
$12,960
for a family
$27,200
for a single person
Pros & Cons of Panama
   Cost of living
Hot, humid summers
   Arts & culture
Employment concerns
   Educated population
Growth and sprawl
Cost of Living
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