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Euclid, OH vs Parma Heights, OH

72
Euclid
Ohio
VS
-8.7%
79
Parma Heights
Ohio

Euclid is moderately more affordable than Parma Heights, with a 8.7% lower cost of living index. Euclid scores 72 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 Euclid is $984/month compared to $1,072/month in Parma Heights — a 8% difference. Home values follow the same pattern: Euclid is more affordable at $114,700 median vs $165,800.

Median household income in Euclid is $48,696 compared to $59,218 in Parma Heights (-17.8%). While Parma Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Euclid spend roughly 24.2% of their income on rent, more than the 21.7% in Parma Heights.

Income & Cost

Cost of Living Index
Euclid
72
9% cheaper
Parma Heights
79
Median Household Income
Euclid
$48,696
Parma Heights
$59,218
18% higher

Housing

Median Rent
Euclid
$984
8% cheaper
Parma Heights
$1,072
Median Home Value
Euclid
$114,700
31% cheaper
Parma Heights
$165,800
Population
Euclid
48,991
Parma Heights
20,616

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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