Downey, ID vs Parma, ID

Downey is moderately more affordable than Parma, with a 12.8% lower cost of living index. Downey scores 71 compared to 81 for Parma, where the US average is 100. This difference means residents of Parma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Downey is $893/month compared to $955/month in Parma — a 7% difference. Home values follow the same pattern: Downey is more affordable at $153,000 median vs $232,400.

Median household income in Downey is $46,000 compared to $47,798 in Parma (-3.8%). Parma does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Downey spend roughly 23.3% of their income on rent, less than the 24% in Parma.