Fairfield, OH vs Parma, OH

Parma is moderately more affordable than Fairfield, with a 10.6% lower cost of living index. Fairfield scores 86 compared to 77 for Parma, where the US average is 100. This difference means residents of Fairfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairfield is $1,145/month compared to $1,053/month in Parma — a 9% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $218,100.

Median household income in Fairfield is $70,166 compared to $67,425 in Parma (+4.1%). Fairfield 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 Fairfield spend roughly 19.6% of their income on rent, more than the 18.7% in Parma.