Delaware, OH vs Parma, OH

There is a significant gap in the cost of living between these two cities. Parma is 19.6% cheaper than Delaware. With a cost index of 77 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parma to Delaware should plan for substantially higher expenses across most categories.

On the housing front, median rent in Delaware is $1,203/month compared to $1,053/month in Parma — a 14% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $279,400.

Median household income in Delaware is $92,928 compared to $67,425 in Parma (+37.8%). While Delaware is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Delaware spend roughly 15.5% of their income on rent, less than the 18.7% in Parma.