Hubbard, OH vs Parma Heights, OH
There is a significant gap in the cost of living between these two cities. Hubbard is 16.7% cheaper than Parma Heights. With a cost index of 66 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hubbard to Parma Heights should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hubbard is $835/month compared to $1,072/month in Parma Heights — a 22% difference. Home values follow the same pattern: Hubbard is more affordable at $123,600 median vs $165,800.
Median household income in Hubbard is $62,468 compared to $59,218 in Parma Heights (+5.5%). Hubbard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hubbard spend roughly 16% of their income on rent, less than the 21.7% in Parma Heights.
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