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Cortland, OH vs Parma Heights, OH

68
Cortland
Ohio
VS
-13.9%
79
Parma Heights
Ohio

Cortland is moderately more affordable than Parma Heights, with a 13.9% lower cost of living index. Cortland scores 68 compared to 79 for Parma Heights, where the US average is 100. This difference means residents of Parma Heights can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cortland is $702/month compared to $1,072/month in Parma Heights — a 35% difference. Interestingly, home values tell a different story: while Cortland has cheaper rent, Parma Heights actually has lower median home values ($165,800 vs $199,300).

Median household income in Cortland is $61,740 compared to $59,218 in Parma Heights (+4.3%). Cortland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cortland spend roughly 13.6% of their income on rent, less than the 21.7% in Parma Heights.

Income & Cost

Cost of Living Index
Cortland
68
14% cheaper
Parma Heights
79
Median Household Income
Cortland
$61,740
4% higher
Parma Heights
$59,218

Housing

Median Rent
Cortland
$702
35% cheaper
Parma Heights
$1,072
Median Home Value
Cortland
$199,300
Parma Heights
$165,800
17% cheaper
Population
Cortland
7,091
Parma Heights
20,616

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cortland $2.89
Parma Heights $2.89
US $3.07
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Eggs (grade A, large)
Cortland $2.35
Parma Heights $2.35
US $2.50
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Milk (whole)
Cortland $3.79
Parma Heights $3.79
US $4.03
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Bread (white)
Cortland $1.74
Parma Heights $1.74
US $1.85
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Chicken breast
Cortland $3.90
Parma Heights $3.90
US $4.14
Electricity
Cortland $0.17
Parma Heights $0.17
US $0.19