Cuyahoga Falls, OH vs Parma, OH

Cuyahoga Falls, OH and Parma, OH have a very similar cost of living, with only a 0.9% difference in their overall index. Cuyahoga Falls scores 78 while Parma scores 77 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 Cuyahoga Falls is $1,029/month compared to $1,053/month in Parma — a 2% difference. Interestingly, home values tell a different story: while Cuyahoga Falls has cheaper rent, Parma actually has lower median home values ($157,600 vs $174,700).

Median household income in Cuyahoga Falls is $70,645 compared to $67,425 in Parma (+4.8%). While Cuyahoga Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cuyahoga Falls spend roughly 17.5% of their income on rent, less than the 18.7% in Parma.