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Grove City, OH vs Parma, OH

95
Grove City
Ohio
VS
+23.1%
77
Parma
Ohio

There is a significant gap in the cost of living between these two cities. Parma is 23.1% cheaper than Grove City. With a cost index of 77 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parma to Grove City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grove City is $1,282/month compared to $1,053/month in Parma — a 22% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $283,300.

Median household income in Grove City is $90,888 compared to $67,425 in Parma (+34.8%). While Grove City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grove City spend roughly 16.9% of their income on rent, less than the 18.7% in Parma.

Income & Cost

Cost of Living Index
Grove City
95
Parma
77
19% cheaper
Median Household Income
Grove City
$90,888
26% higher
Parma
$67,425

Housing

Median Rent
Grove City
$1,282
Parma
$1,053
18% cheaper
Median Home Value
Grove City
$283,300
Parma
$157,600
44% cheaper
Population
Grove City
41,831
Parma
80,131

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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