Lakewood, Ohio vs. Parma, Ohio

Cost of Living Comparison

The cost of living in Parma, Ohio is 10.7% cheaper than Lakewood, Ohio.

You would need a salary of $44,639 in Parma, Ohio to maintain the standard of living you have in Lakewood, Ohio.
Comparison highlights
• Overall, Parma, Ohio is cheaper than Lakewood, Ohio
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% cheaper in Parma
than in Lakewood, Ohio
Lakewood, OH vs. Parma, OH
Compared to Lakewood, Parma is:
  Homeowner
      No Child Care, Taxes not Considered
  10.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.9% lower
  Housing (Homeowner)
  32.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.3% lower
  Commute
  2.1% higher
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.9% lower