City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | New York | Parma | Difference |
|---|---|---|---|
| Median rent | $1,714/mo | $980/mo | 74.9% higher in A |
| Median home value | $732,100 | $145,300 | 403.9% higher in A |
| Median household income | $76,607 | $65,848 | 16.3% higher in A |
| Groceries index | 103.2 | 96.3 | 7.1% higher in A |
| Utilities index | 147.4 | 91.7 | 60.7% higher in A |
| Transportation index | 100.7 | 96.9 | 4.0% higher in A |
| Healthcare index | 99.9 | 99.1 | 0.9% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in New York, you'd need $57,180 in Parma to maintain your standard of living.
Climate, safety, and demographics side by side.
Parma, OH is about 42.8% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 43% lower in Parma than in New York. If you earn $80,000 in New York, you'd need about $45,744 in Parma to keep the same standard of living.