Lima, PA vs Parkville, PA

The cost of living difference between Lima, PA and Parkville, PA is dramatic. Parkville is 58.3% cheaper than Lima, a gap that translates to thousands of dollars per year in household expenses. Lima has a cost index of 137 while Parkville sits at 87, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lima is $2,343/month compared to $1,181/month in Parkville — a 98% difference. Home values follow the same pattern: Parkville is more affordable at $207,100 median vs $372,300.

Median household income in Lima is $76,953 compared to $74,509 in Parkville (+3.3%). Lima does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lima spend roughly 36.5% of their income on rent, more than the 19% in Parkville. The Parkville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.