Parma vs Toledo
The short version
- Toledo is cheaper overall: prices in its metro run 3% lower than in the Parma area (BEA 2024).
- The median home costs $114,500 in Toledo and $170,100 in Parma.
- Households earn more in Parma ($69,295 vs $49,724 median).
- Parma gets far more snow: 64 inches a year vs 37.
- Commutes are shorter in Toledo (20 vs 24 minutes each way).
Side by side
| Parma, OH | Toledo, OH | |
|---|---|---|
| People | ||
| Population (2025) | 78,581 | 263,423 |
| Growth since 2020 | -3.1% | -2.8% |
| People per square mile | 3,925 | 3,273 |
| Median age | 42.4 | 35.8 |
| Bachelor's degree or higher | 24% | 22% |
| Money and housing | ||
| Median household income | $69,295 | $49,724 |
| Median home value | $170,100 | $114,500 |
| Home value to income | 2.5× | 2.3× |
| Median rent (with utilities) | $1,087 | $901 |
| Metro price level (US = 100) | 93.9 | 91.5 |
| Housing price level (US = 100) | 79.4 | 67.3 |
| $75,000 elsewhere equals | $70,400 | $68,600 |
| Homeowners | 72% | 53% |
| Top state income tax | 2.75% | 2.75% |
| Combined sales tax | 7.29% | 7.29% |
| Work and commute | ||
| Average commute (minutes) | 24.2 | 19.8 |
| Work from home | 12% | 7% |
| Take public transit | 1% | 1% |
| Unemployment (2020-24 avg) | 6.5% | 7.7% |
| Poverty rate | 10.1% | 24.3% |
| Weather | ||
| January high / low | 36° / 22° | 35° / 20° |
| July high / low | 84° / 65° | 87° / 64° |
| Precipitation per year | 41 in | 35 in |
| Snowfall per year | 64 in | 37 in |
| Days 90°F or hotter | 12 | 19 |
| Nights below freezing | 111 | 123 |
| 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 | 92.4 |
| Good air days, 2025 | n/a | 47% |
| Home prices, past year | +4.4% | +3.4% |
| Home prices, past 5 years | +48.1% | +42.8% |
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. Toledo: May to June and August to October.
Full monthly tables: Parma weather by month and Toledo 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 $68,600 in Toledo. Moving from Parma to Toledo, you would need about $73,000 to match a $75,000 salary.
Moving between Parma and Toledo
IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Parma and Toledo.
Which would you pick?
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