Housing costs in Parma Heights?
A typical home costs
$166,300, which is 50.8% less expensive than the national average of
$338,100 and 15.6% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Parma Heights costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 8.4% more than the state average of
$980.
Can I afford Parma Heights?
To live comfortably in Parma Heights, Ohio, a minimum annual income of
$32,040 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Parma Heights?
Parma Heights, OH is an affordable place to live. The cost of living in the city is 5% lower than the national average, making it an ideal place for those looking for a budget-friendly destination. Housing costs are particularly attractive when compared to other cities in Ohio, with median home prices being just over $125,000. Other basic living necessities such as groceries and transportation also tend to be cheaper than most other cities in the state. All in all, Parma Heights is a great option for those looking for a place to live without breaking the bank.