Cost of Living in Parma, MI
Population: 653 | Michigan
74
Cost of Living Index
US Average = 100
Parma is 26% less expensive than the national average.
80
Housing
40
Home Values
93
Regional Price
Income
- Median Household Income
- $71,413
- vs US Median ($75,149)
- -5%
Housing
- Median Rent
- $1,050/mo
- Median Home Value
- $121,300
- Median Monthly Housing Cost
- $981/mo
Everyday Prices in Parma
BLS Average Prices for the Jackson, MI (Metropolitan Statistical Area) area
⛽
$2.88
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.35
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.79
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.90
Chicken breast
per lb
-6% vs US
⚡
$0.19
Electricity
per kWh
-1% vs US