Housing costs in Parma?
A typical home costs
$160,900, which is 52.4% less expensive than the national average of
$338,100 and 18.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Parma costs
$1,070 per month, which is 9.2% more than the national average of
$980 and 6.5% more than the state average of
$1,000.
Can I afford Parma?
To live comfortably in Parma (zip 44134), Ohio, a minimum annual income of
$30,960 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Parma?
The cost of living in 44134 Parma, OH is relatively affordable compared to other cities in Ohio. According to recent data from the U.S. Bureau of Labor Statistics, the median household income in Parma is slightly lower than that of Ohio as a whole, though still comfortably above the national poverty line. In terms of housing costs, Parma is an affordable place to live; according to Zillow, the median home value in Parma is about $88,700 - well below the national median of $183,000. Additionally, residents benefit from relatively low utility costs and transportation fares due to their close proximity to downtown Cleveland and other major urban centers. All in all, living in 44134 Parma offers a comfortable standard of living at an affordable cost.