Parma, OH vs Stow, OH

Parma is moderately more affordable than Stow, with a 12.6% lower cost of living index. Parma scores 77 compared to 89 for Stow, where the US average is 100. This difference means residents of Stow 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 $1,204/month in Stow — a 13% difference. Home values follow the same pattern: Parma is more affordable at $157,600 median vs $238,000.

Median household income in Parma is $67,425 compared to $91,933 in Stow (-26.7%). While Stow 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 18.7% of their income on rent, more than the 15.7% in Stow.