Parma, OH vs Toledo, OH: Cost of Living Comparison
Toledo has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Parma | Toledo | Cheaper |
|---|---|---|---|
| Overall cost of living | 72 | 61 | Toledo |
| Housing | 45 ($737) | 31 ($616) | Toledo |
| Transportation | 106 ($3.50) | 110 ($3.50) | Parma |
| Food & groceries | 90 ($369) | 64 ($262) | Toledo |
| Utilities | 73 ($81) | 66 ($56) | Toledo |
| Healthcare | 73 ($59) | 66 ($40) | Toledo |
| Median annual wage | 102 ($49,380) | 102 ($49,380) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Parma, OH or Toledo, OH cheaper to live in?
Toledo, OH is cheaper overall by about 11 index points (Parma, OH: 72, Toledo, OH: 61; 100 = US national average).
What salary do I need in Parma, OH vs Toledo, OH?
A single adult needs roughly $25,200/year in Parma, OH and $21,350/year in Toledo, OH to cover basic living costs.