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Hart, MI vs Parma, MI

67
Hart
Michigan
VS
-9.9%
74
Parma
Michigan

Hart is moderately more affordable than Parma, with a 9.9% lower cost of living index. Hart scores 67 compared to 74 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 Hart is $800/month compared to $1,050/month in Parma — a 24% difference. Home values follow the same pattern: Hart is more affordable at $119,700 median vs $121,300.

Median household income in Hart is $55,066 compared to $71,413 in Parma (-22.9%). While Parma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hart spend roughly 17.4% of their income on rent, less than the 17.6% in Parma.

Income & Cost

Cost of Living Index
Hart
67
10% cheaper
Parma
74
Median Household Income
Hart
$55,066
Parma
$71,413
23% higher

Housing

Median Rent
Hart
$800
24% cheaper
Parma
$1,050
Median Home Value
Hart
$119,700
1% cheaper
Parma
$121,300
Population
Hart
1,931
Parma
653

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hart
Parma $2.88
US $3.07
🥚
Eggs (grade A, large)
Hart
Parma $2.35
US $2.50
🥛
Milk (whole)
Hart
Parma $3.79
US $4.03
🍞
Bread (white)
Hart
Parma $1.74
US $1.85
🍗
Chicken breast
Hart
Parma $3.90
US $4.14
Electricity
Hart
Parma $0.19
US $0.19