Parma Heights, OH, has a lower overall cost of living index compared to the nationwide average. The city's index stands at 91, which is 9% below the national benchmark of 100. Factors such as housing and miscellaneous expenses contribute to this difference, with housing at 85 and miscellaneous at 89. These values highlight Parma Heights as a more affordable option for potential residents and job seekers.
Parma Heights, OH, offers a cost of living that is notably lower than the nationwide average. The housing index in Parma Heights stands at 85, which is 15% lower than the national average of 100. This indicates that housing expenses in Parma Heights are more affordable, making it an attractive option for those looking to save on one of the largest living expenses.
In addition to housing, other essential costs in Parma Heights also compare favorably to the national average. For example, groceries are priced at 95, just 5% above the national average. Utilities, transportation, healthcare, and miscellaneous costs are also slightly lower or comparable to the national average. Utilities cost 98, which is 2% less, transportation is at 92, 8% below, healthcare at 90, 10% below, and miscellaneous items at 89, 11% below the national average. These figures suggest that Parma Heights provides a balanced and potentially cost-effective living environment for professional job seekers.