Mackay, ID vs Parma, ID
There is a significant gap in the cost of living between these two cities. Mackay is 17.4% cheaper than Parma. With a cost index of 67 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mackay to Parma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Mackay is $631/month compared to $955/month in Parma — a 34% difference. Home values follow the same pattern: Mackay is more affordable at $187,500 median vs $232,400.
Median household income in Mackay is $41,474 compared to $47,798 in Parma (-13.2%). The higher salaries in Parma partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Mackay spend roughly 18.3% of their income on rent, less than the 24% in Parma.
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