Cost of living in Parma
Parma, Ohio, is a vibrant city located in the United States, known for its community spirit and suburban charm. Understanding the cost of living in Parma is crucial for residents and newcomers alike, as it impacts budgeting and lifestyle choices.
This guide provides a detailed breakdown of the cost of living in Parma for 2024, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17.5 on average, with a range between $9 and $25.25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $70, with prices ranging from $45 to $90.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $4.5 to $10, cappuccino $1.75 to $7, and Coke/Pepsi $1.25 to $5.
Grocery Prices
- Milk - Milk is priced between $0.6 and $1.06 per liter, averaging $0.85.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.72 and $3.85, with an average price of $2.75.
- Eggs (Dozen) - A dozen eggs range from $2 to $4, averaging $3.2.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.3 to $6.61 per kg, while oranges range from $1.76 to $5 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $5 per kg, and lettuce costs $1.25 to $3.5 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.5.
- Fuel (Gasoline) - Gasoline is priced between $0.74 and $0.96 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $0.93 to $1.4 per km and $20 to $48 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1000.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1200.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1500 to $1700, averaging $1600.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1300 to $2300, averaging $1800.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $99.17 and $308, averaging $251.12.
- Internet - Internet services range from $30 to $80, with an average cost of $58.33.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Parma offers a relatively affordable cost of living compared to larger metropolitan areas. Dining out is reasonably priced, with a variety of options available.
Grocery prices are moderate, with essential items like milk and bread being quite affordable. Transportation costs are low, especially for public transport and fuel.
Housing costs vary, with city centre apartments being more expensive than those outside the centre. Utilities and internet services are moderately priced.
Conclusion
In conclusion, Parma, OH, presents a balanced cost of living that caters to a wide range of budgets. The city offers affordable dining and grocery options, making it an attractive place for families and individuals alike.
While housing in the city centre can be pricey, options outside the centre provide more budget-friendly alternatives. Overall, Parma is a city that combines affordability with a high quality of life.