Cost of Living in Parma Heights, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.7
100 = national avg
+1.7 vs national average
Living Wage (1 Adult)
$44,738
per year
Living Wage (Family of 4)
$105,744
per year
Cost Index by Category
Housing113.4
Food95.3
Transportation96.8
Healthcare96.2
Utilities99.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,058
per month
2 Bedroom
$1,279
per month
The overall cost of living index in Parma Heights is 101.7, which is 1.7% above the national average. Housing costs are above the national average at an index of 113.4. A single adult needs to earn approximately $44,738 per year to cover basic expenses.