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Cost of Living Comparison 2026

๐Ÿ“ Parma, OH โ€” ZIP-level rent data ยท COL adjusted from Cleveland, OH area

$

Numbers update automatically as you type

You'd spend $2.3K/month more in Austin, TX

$150.0K in your current city equals $177.1K in Austin, TX

Rent data from HUD ZIP-level estimates ยท COL index from Cleveland-Elyria, OH area
Overall Cost
โ†‘ 30.1%
More expensive
Monthly Impact
$2,256
Extra cost
Annual Impact
$27.1K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Parma, OH

Population:79K
Cost Index:100
Median Home:$199K

Austin, TX

Population:979K
Cost Index:130
Median Home:$558K

Parma, OH

The Buckeye State

79K
Population
State Tax
Yes

Located in Ohio, this city has a population of 79K residents.

Austin, TX

The Lone Star State

979K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขLive music capital
  • โ€ขMajor tech hub
  • โ€ขSXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Parma, OH vs Austin, TX

๐Ÿ Housing
โ†‘ 99.6%
Parma, OH
$1,445
Austin, TX
$2,885
Difference
$1,439
more
๐Ÿ“ฆOther
โ†‘ 15.8%
Parma, OH
$1,503
Austin, TX
$1,741
Difference
$238
more
โšกAll Utilities
โ†‘ 18.5%
Parma, OH
$456
Austin, TX
$541
Difference
$84.54
more
๐ŸฅHealthcare
โ†‘ 13.7%
Parma, OH
$518
Austin, TX
$589
Difference
$71.08
more
๐Ÿš—Transportation
โ†“ 2.7%
Parma, OH
$1,319
Austin, TX
$1,284
Difference
$35.06
less
๐Ÿ›’Groceries
โ†‘ 0.7%
Parma, OH
$952
Austin, TX
$959
Difference
$6.79
more

๐Ÿ›๏ธ Local Income Taxes

Parma, OH: Parma Municipal Income Tax$3,750/yr (2.5%)

Austin, TX has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$796
To$1,585
โ†‘ $789
1 Bed
From$903
To$1,685
โ†‘ $782
2 Bed
From$1,092
To$1,995
โ†‘ $903
3 Bed
From$1,404
To$2,525
โ†‘ $1,121
Parma, OHZIP-level data

1BR range: $1,030โ€“$1,170/mo

Austin, TXZIP-level data

1BR range: $1,490โ€“$2,350/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,194
Monthly in Parma, OH
$7,998
Monthly in Austin, TX
$1,804
Difference

Home Values

Parma
Austin
$199K
Median Value
$558K
โ†‘ +6.2%
YoY Change
โ†“ -5%
โ†‘ +46.1%
5-Year Change
โ†‘ +12.6%
$198K - $199K
Price Range
$272K - $1.26M

Homes in Austin are 181% more expensive than Parma

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $4.4K
Per year
Monthly Difference
$369
More take-home
Effective Rate Diff
3.0%
Rate difference

Parma, OH

Federal Income Tax
Effective: 18.9%
$25.5K
Ohio State Tax
Effective: 3.0%
$4.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.6%
$41.4K
Take-Home Pay
$9,047/month
$108.6K

Austin, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Parma, OH Tax Rates

Sales Tax:7.2%
Property Tax:1.6%

Austin, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Parma
Austin
54 Moderate
Air Quality
52 Moderate
37.2%
Good Air Days
42.6%
98 High
Climate Risk
98 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+3.3ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
11 days
Heat Days >95ยฐF
98 days
โ–ฒ+3.3ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
11 days
Heat Days >95ยฐF
98 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Ohio and Texas on TaxTakeHome.com

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