Parma Heights, OH, boasts a cost of living index of 87, which is slightly lower than the nationwide average of 100. Housing costs in Parma Heights are notably affordable, with an index of 80. This makes housing expenses 20% lower than the national average.
While other categories like groceries, utilities, transportation, healthcare, and miscellaneous items show slightly higher costs than the national average, they remain competitively priced. Groceries stand at 90, utilities at 95, transportation at 85, healthcare at 90, and miscellaneous at 88. This balanced distribution ensures that residents of Parma Heights can maintain a reasonable quality of life without significant financial strain.
Parma Heights, OH, has a cost of living index that is slightly below the nationwide average. For instance, housing costs in Parma Heights stand at 80, which is 20% lower than the national average. This means residents can find more affordable housing options compared to other parts of the country. Similarly, groceries are priced at 90, only 10% higher than the average, making everyday shopping slightly more economical.
When looking at other expenses, utilities in Parma Heights are at 95, which is 5% higher than the national average. Transportation costs are also relatively close to the average, at 85, which is 15% lower. Healthcare expenses, at 90, are right on par with the national average, offering no significant advantage or disadvantage. Finally, miscellaneous costs are at 88, indicating an 8% decrease from the national average. This pattern shows that while some expenses are slightly higher, others are notably lower, providing a balanced cost of living experience in Parma Heights.