Parma, MO vs Salisbury, MO

Parma, MO and Salisbury, MO have a very similar cost of living, with only a 4% difference in their overall index. Parma scores 55 while Salisbury scores 58 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 $670/month compared to $623/month in Salisbury — a 8% difference. Interestingly, home values tell a different story: while Salisbury has cheaper rent, Parma actually has lower median home values ($35,800 vs $90,900).

Median household income in Parma is $63,500 compared to $53,144 in Salisbury (+19.5%). Parma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Parma spend roughly 12.7% of their income on rent, less than the 14.1% in Salisbury.