Housing costs in Parma?
A typical home costs
$66,500, which is 80.3% less expensive than the national average of
$338,100 and 68.7% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Parma costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 41.8% cheaper than the state average of
$950.
Can I afford Parma?
To live comfortably in Parma (zip 63870), Missouri, a minimum annual income of
$12,600 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Parma?
The cost of living in 63870 Parma, MO is fairly low compared to other areas. According to BestPlaces, the cost of living index for the area is 80, which is 20% below the national average. Housing costs make up a large portion of this index and are quite affordable when compared to other parts of the country. The median home price in 63870 Parma is around $129,000 making it one of the more affordable places to live. Groceries, healthcare and transportation costs are also lower than the national average. Overall, those looking for an affordable place to call home should consider 63870 Parma as an ideal location to settle down.