Parma, ID vs Shelley, ID

Parma is moderately more affordable than Shelley, with a 10.4% lower cost of living index. Parma scores 81 compared to 90 for Shelley, where the US average is 100. This difference means residents of Shelley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Parma is $955/month compared to $1,212/month in Shelley — a 21% 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 $63,864 in Shelley (-25.2%). While Shelley 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 22.8% in Shelley.