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Elyria, OH vs Parma Heights, OH

70
Elyria
Ohio
VS
-10.6%
79
Parma Heights
Ohio

Elyria is moderately more affordable than Parma Heights, with a 10.6% lower cost of living index. Elyria scores 70 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 Elyria is $859/month compared to $1,072/month in Parma Heights — a 20% difference. Home values follow the same pattern: Elyria is more affordable at $142,800 median vs $165,800.

Median household income in Elyria is $53,204 compared to $59,218 in Parma Heights (-10.2%). The higher salaries in Parma Heights partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elyria spend roughly 19.4% of their income on rent, less than the 21.7% in Parma Heights.

Income & Cost

Cost of Living Index
Elyria
70
11% cheaper
Parma Heights
79
Median Household Income
Elyria
$53,204
Parma Heights
$59,218
10% higher

Housing

Median Rent
Elyria
$859
20% cheaper
Parma Heights
$1,072
Median Home Value
Elyria
$142,800
14% cheaper
Parma Heights
$165,800
Population
Elyria
52,833
Parma Heights
20,616

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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