Housing costs in Parma?
A typical home costs
$230,600, which is 31.8% less expensive than the national average of
$338,100 and 44.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Parma costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 47.4% cheaper than the state average of
$1,960.
Can I afford Parma?
To live comfortably in Parma, New York, a minimum annual income of
$44,280 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Parma?
The cost of living in Parma, NY is relatively affordable when compared to other towns in the region. The median home price is around $182,000, making it a good option for those looking for an affordable place to live. In addition, the cost of groceries, health care and utilities are also lower than average when compared to surrounding towns. With all these factors considered, Parma is an affordable option for those looking to enjoy the quiet life of a small town while still having access to all the amenities of city life.