Burbank, CA vs Parkway, CA

The cost of living difference between Burbank, CA and Parkway, CA is dramatic. Parkway is 87.1% cheaper than Burbank, a gap that translates to thousands of dollars per year in household expenses. Burbank has a cost index of 205 while Parkway sits at 110, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Burbank is $2,460/month compared to $1,402/month in Parkway — a 76% difference. Home values follow the same pattern: Parkway is more affordable at $355,400 median vs $1,113,400.

Median household income in Burbank is $152,559 compared to $64,380 in Parkway (+137%). While Burbank is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burbank spend roughly 19.3% of their income on rent, less than the 26.1% in Parkway.