Kettering, OH vs Parma, OH

Kettering, OH and Parma, OH have a very similar cost of living, with only a 0.7% difference in their overall index. Kettering scores 78 while Parma scores 77 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Kettering is $983/month compared to $1,053/month in Parma — a 7% difference. Interestingly, home values tell a different story: while Kettering has cheaper rent, Parma actually has lower median home values ($157,600 vs $192,500).

Median household income in Kettering is $71,619 compared to $67,425 in Parma (+6.2%). While Kettering is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kettering spend roughly 16.5% of their income on rent, less than the 18.7% in Parma.