Canton, OH vs Parma, OH

There is a significant gap in the cost of living between these two cities. Canton is 17.5% 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 Canton to Parma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Canton is $826/month compared to $1,053/month in Parma — a 22% difference. Home values follow the same pattern: Canton is more affordable at $94,400 median vs $157,600.

Median household income in Canton is $39,754 compared to $67,425 in Parma (-41%). 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 Canton spend roughly 24.9% of their income on rent, more than the 18.7% in Parma.