Austintown, OH vs Parma, OH
There is a significant gap in the cost of living between these two cities. Austintown is 17% cheaper than Parma. With a cost index of 64 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Austintown to Parma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Austintown is $767/month compared to $1,053/month in Parma — a 27% difference. Home values follow the same pattern: Austintown is more affordable at $133,000 median vs $157,600.
Median household income in Austintown is $50,855 compared to $67,425 in Parma (-24.6%). While Parma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Austintown spend roughly 18.1% of their income on rent, less than the 18.7% in Parma.
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