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Clifton, ID vs Parma, ID

77
Clifton
Idaho
VS
-4.6%
81
Parma
Idaho

Clifton, ID and Parma, ID have a very similar cost of living, with only a 4.6% difference in their overall index. Clifton scores 77 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 Clifton is $692/month compared to $955/month in Parma — a 28% difference. Interestingly, home values tell a different story: while Clifton has cheaper rent, Parma actually has lower median home values ($232,400 vs $286,500).

Median household income in Clifton is $97,750 compared to $47,798 in Parma (+104.5%). Clifton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clifton spend roughly 8.5% of their income on rent, less than the 24% in Parma.

Income & Cost

Cost of Living Index
Clifton
77
5% cheaper
Parma
81
Median Household Income
Clifton
$97,750
51% higher
Parma
$47,798

Housing

Median Rent
Clifton
$692
28% cheaper
Parma
$955
Median Home Value
Clifton
$286,500
Parma
$232,400
19% cheaper
Population
Clifton
774
Parma
1,836

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clifton $2.91
Parma $2.94
US $3.07
🥚
Eggs (grade A, large)
Clifton $2.37
Parma $2.40
US $2.50
🥛
Milk (whole)
Clifton $3.82
Parma $3.86
US $4.03
🍞
Bread (white)
Clifton $1.75
Parma $1.77
US $1.85
🍗
Chicken breast
Clifton $3.93
Parma $3.97
US $4.14
Electricity
Clifton $0.14
Parma $0.13
US $0.19