Cost of living in Parma
Composed in-house · four inputs · 14% of the overall score
C+
67/100
14th of 52
14th of 52
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The four inputs
Housing cost index90
Cleveland 10045% · scores 85
Effective property tax rate1.75%
Cleveland 1.62%25% · scores 33
Utilities83
Cleveland 10020% · scores 77
Local sales tax7.29%
Cleveland median 7.29%10% · scores 54
Vertical rule marks the Cleveland reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.
Best Cleveland suburbs for cost of living
All 52 ranked, Parma highlighted1AshtabulaB+$105,9002ConneautB+$132,4003EastlakeB−$172,1004AmherstB−$239,2005Brook ParkB−$169,6006LorainB−$139,2007BedfordB−$135,2008ElyriaB−$156,1009WadsworthB−$247,90010MentorB−$247,70011WilloughbyB−$216,90012MedinaB−$243,60013Bedford HeightsB−$156,50014ClevelandC+$102,00015ParmaC+$170,10016BrunswickC+$249,10017East ClevelandC+$68,80018Middleburg HeightsC+$228,40019PainesvilleC+$158,80020BrooklynC+$163,10021Mayfield HeightsC+$205,20022WillowickC+$166,00023Warrensville HeightsC+$121,10024VermilionC+$183,60025EuclidC$126,50026Parma HeightsC$175,10027LakewoodC$262,20028North RidgevilleC$270,10029BereaC$198,10030North OlmstedC$219,80031North RoyaltonC$292,60032WickliffeC$166,90033LyndhurstC$212,20034StrongsvilleC−$298,30035Fairview ParkC−$239,10036Rocky RiverC−$349,30037Richmond HeightsC−$208,80038WestlakeD+$368,20039Garfield HeightsD+$109,90040Broadview HeightsD+$316,70041Avon LakeD+$368,30042Cleveland HeightsD+$192,10043Seven HillsD+$258,00044Bay VillageD+$353,00045BrecksvilleD$371,90046South EuclidD$153,70047University HeightsD$242,70048Maple HeightsD$97,90049Shaker HeightsD$303,20050BeachwoodF$410,30051AvonF$395,90052SolonF$392,900
Better than Parma on cost of living
Parma grades C+ on cost of living. Six suburbs are within 25 miles and score higher on the same four inputs.
SuburbCost of livingOverall
Eastlake24 mi from ParmaB− 57 C− Brook Park5 mi from ParmaB− 57 C− Lorain24 mi from ParmaB− 47 D Bedford10 mi from ParmaB− 49 D+ Elyria19 mi from ParmaB− 51 D+ Wadsworth25 mi from ParmaB− 64 C+ Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24