Mansfield, OH vs Parma, OH

There is a significant gap in the cost of living between these two cities. Mansfield is 19% cheaper than Parma. With a cost index of 63 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mansfield to Parma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mansfield is $768/month compared to $1,053/month in Parma — a 27% difference. Home values follow the same pattern: Mansfield is more affordable at $110,600 median vs $157,600.

Median household income in Mansfield is $42,605 compared to $67,425 in Parma (-36.8%). While Parma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mansfield spend roughly 21.6% of their income on rent, more than the 18.7% in Parma.