Parma vs Peoria
The short version
- Peoria is cheaper overall: prices in its metro run 3% lower than in the Parma area (BEA 2024).
- The median home costs $156,200 in Peoria and $170,100 in Parma.
- Households earn more in Parma ($69,295 vs $59,410 median).
- Parma gets far more snow: 64 inches a year vs 26.
- Commutes are shorter in Peoria (18 vs 24 minutes each way).
Side by side
| Parma, OH | Peoria, IL | |
|---|---|---|
| People | ||
| Population (2025) | 78,581 | 110,920 |
| Growth since 2020 | -3.1% | -2% |
| People per square mile | 3,925 | 2,305 |
| Median age | 42.4 | 35.5 |
| Bachelor's degree or higher | 24% | 38% |
| Money and housing | ||
| Median household income | $69,295 | $59,410 |
| Median home value | $170,100 | $156,200 |
| Home value to income | 2.5× | 2.6× |
| Median rent (with utilities) | $1,087 | $1,005 |
| Metro price level (US = 100) | 93.9 | 91.2 |
| Housing price level (US = 100) | 79.4 | 63.8 |
| $75,000 elsewhere equals | $70,400 | $68,400 |
| Homeowners | 72% | 58% |
| Top state income tax | 2.75% | 4.95% |
| Combined sales tax | 7.29% | 8.98% |
| Work and commute | ||
| Average commute (minutes) | 24.2 | 17.9 |
| Work from home | 12% | 12% |
| Take public transit | 1% | 2% |
| Unemployment (2020-24 avg) | 6.5% | 7.5% |
| Poverty rate | 10.1% | 21% |
| Weather | ||
| January high / low | 36° / 22° | 34° / 18° |
| July high / low | 84° / 65° | 86° / 66° |
| Precipitation per year | 41 in | 38 in |
| Snowfall per year | 64 in | 26 in |
| Days 90°F or hotter | 12 | 23 |
| Nights below freezing | 111 | 118 |
| Comfortable months | 6 | 5 |
| Risks, air and home prices | ||
| Natural hazard risk (FEMA, county) | Relatively High | Relatively Moderate |
| FEMA risk score (lower is safer) | 98.0 | 90.7 |
| Good air days, 2025 | n/a | 60% |
| Home prices, past year | +4.4% | +3.7% |
| Home prices, past 5 years | +48.1% | +44.6% |
Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.
Weather, month by month
Most comfortable months: Parma: May to October. Peoria: April, June and August to October.
Full monthly tables: Parma weather by month and Peoria weather by month.
What $75,000 is worth
A $75,000 salary in an average-priced US city buys about the same as $70,400 in Parma and $68,400 in Peoria. Moving from Parma to Peoria, you would need about $72,900 to match a $75,000 salary.
Which would you pick?
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