Athol, ID vs Parma, ID
Athol, ID and Parma, ID have a very similar cost of living, with only a 3.9% difference in their overall index. Athol scores 84 while Parma scores 81 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Athol is $920/month compared to $955/month in Parma — a 4% difference. Interestingly, home values tell a different story: while Athol has cheaper rent, Parma actually has lower median home values ($232,400 vs $269,600).
Median household income in Athol is $62,946 compared to $47,798 in Parma (+31.7%). While Athol is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Athol spend roughly 17.5% of their income on rent, less than the 24% in Parma.
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