Loomis, MI vs Parma, MI

Parma is moderately more affordable than Loomis, with a 7.8% lower cost of living index. Loomis scores 80 compared to 74 for Parma, where the US average is 100. This difference means residents of Loomis can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Loomis are $87,500 compared to $121,300 in Parma, a 28% gap.

Median household income in Loomis is $65,000 compared to $71,413 in Parma (-9%). Parma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.