Parma, OH vs Reynoldsburg, OH
Parma is moderately more affordable than Reynoldsburg, with a 13.3% lower cost of living index. Parma scores 77 compared to 89 for Reynoldsburg, where the US average is 100. This difference means residents of Reynoldsburg can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Parma is $1,053/month compared to $1,227/month in Reynoldsburg — a 14% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $230,300.
Median household income in Parma is $67,425 compared to $71,381 in Reynoldsburg (-5.5%). Reynoldsburg does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Parma spend roughly 18.7% of their income on rent, less than the 20.6% in Reynoldsburg.
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