Housing costs in Parma?
A typical home costs
$409,700, which is 21.2% more expensive than the national average of
$338,100 and 7.9% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Parma costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 14.3% cheaper than the state average of
$1,120.
Can I afford Parma?
To live comfortably in Parma, Idaho, a minimum annual income of
$78,480 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Parma?
The cost of living in Parma, ID is generally lower than the national average. The median home cost is around $155,000 which is significantly lower than the median across the US. This makes it an affordable place to live for people of all income levels. Additionally, groceries, transportation, and utilities are all generally cheaper than other parts of the country as well. Overall, Parma offers a comfortable lifestyle at a fraction of the cost compared to bigger cities and towns.