Mentor, OH vs Parma, OH

Parma is moderately more affordable than Mentor, with a 13.1% lower cost of living index. Mentor scores 87 compared to 77 for Parma, where the US average is 100. This difference means residents of Mentor can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mentor is $1,192/month compared to $1,053/month in Parma — a 13% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $229,500.

Median household income in Mentor is $89,202 compared to $67,425 in Parma (+32.3%). While Mentor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mentor spend roughly 16% of their income on rent, less than the 18.7% in Parma.