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Hubbard, OH vs Parma Heights, OH

66
Hubbard
Ohio
VS
-16.7%
79
Parma Heights
Ohio

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.

Income & Cost

Cost of Living Index
Hubbard
66
17% cheaper
Parma Heights
79
Median Household Income
Hubbard
$62,468
5% higher
Parma Heights
$59,218

Housing

Median Rent
Hubbard
$835
22% cheaper
Parma Heights
$1,072
Median Home Value
Hubbard
$123,600
25% cheaper
Parma Heights
$165,800
Population
Hubbard
7,600
Parma Heights
20,616

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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