Parma, OH vs Youngstown, OH

The cost of living difference between Parma, OH and Youngstown, OH is dramatic. Youngstown is 36.6% cheaper than Parma, a gap that translates to thousands of dollars per year in household expenses. Parma has a cost index of 77 while Youngstown sits at 57, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Parma is $1,053/month compared to $718/month in Youngstown — a 47% difference. Home values follow the same pattern: Youngstown is more affordable at $58,400 median vs $157,600.

Median household income in Parma is $67,425 compared to $34,746 in Youngstown (+94.1%). While Parma 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, less than the 24.8% in Youngstown.