Beavercreek, OH vs Parma, OH
There is a significant gap in the cost of living between these two cities. Parma is 24.7% cheaper than Beavercreek. With a cost index of 77 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parma to Beavercreek should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beavercreek is $1,410/month compared to $1,053/month in Parma — a 34% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $261,200.
Median household income in Beavercreek is $110,064 compared to $67,425 in Parma (+63.2%). While Beavercreek is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beavercreek spend roughly 15.4% of their income on rent, less than the 18.7% in Parma.
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