Cost of Living: Cleveland, OH vs Parma, OH
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,356/mo in Cleveland, OH versus $4,356/mo in Parma, OH. In the model, rent is about 21.57% of gross in Cleveland, OH versus 15.34% in Parma, OH, so Parma, OH tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Cleveland, OH and Parma, OH.
At a glance
- Cheaper overall (lower cost-of-living index): Cleveland, OH
- Lower rent (median 1BR/2BR): Parma, OH
- Lower home prices: Parma, OH
- Higher median household income: Cleveland, OH
Cost of Living Index
Cleveland, OH: 78.6 (U.S. = 100) · Parma, OH: 100 (U.S. = 100)
Cleveland, OH has a lower cost-of-living index than Parma, OH, so a given salary generally stretches further there.
Median Rent
Cleveland, OH: $1,406/mo (midpoint of 1BR/2BR) · Parma, OH: $1,001/mo
Median rent in Cleveland, OH is $405/mo higher than in Parma, OH.
Median Home Price
Cleveland, OH: $336,100 · Parma, OH: $157,600
Median home price in Cleveland, OH is $178,500 higher than in Parma, OH.
Median Household Income
Cleveland, OH: $110,101 · Parma, OH: $67,425
Cleveland, OH has a higher median household income than Parma, OH by $42,676.
Cleveland, OH overview · Parma, OH overview · Popular comparisons