Parma, ID vs Rigby, ID
Parma, ID and Rigby, ID have a very similar cost of living, with only a 4.8% difference in their overall index. Parma scores 81 while Rigby scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Parma is $955/month compared to $1,035/month in Rigby — a 8% difference. Home values follow the same pattern: Parma is more affordable at $232,400 median vs $267,200.
Median household income in Parma is $47,798 compared to $78,278 in Rigby (-38.9%). While Rigby is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Parma spend roughly 24% of their income on rent, more than the 15.9% in Rigby.
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