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College Costs in Parma, OH 2026

Compare tuition, housing, and financial aid across 4 colleges in Parma, Ohio. Use our free calculator to estimate your total cost.

Avg Public Tuition

$11,000

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$510

per month

Colleges & Universities

4

institutions

Parma Overview

Population

79,167

Student Population

5,658 (7.1%)

Cost of Living Index

90 (avg: 100)

Walk Score

46/100

Transit Score

24/100

Unemployment Rate

4.1%

College Cost Calculator for Parma

Cost Inputs

Total Cost (4 Years, Public In-State)

$99,428

Total After Financial Aid

$99,428

Annual Cost

$24,857

Annual After Aid

$24,857

Cost Breakdown (4 Years)

Tuition$44,000
Room & Board$55,428

If Financed (10-Year Loan at 6.5%)

Loan Amount$99,428
Monthly Payment$1,129
Total Interest$36,050
Total Loan Cost$135,478

Universities in Parma

UniversityTypeAnnual Tuition
Parma State UniversityPublic$10,847
Parma Community CollegeCommunity$5,562

Parma has 4 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Parma vs. National Average

CategoryParmaNational AvgDifference
Public Tuition (In-State)$11,000$10,940+$60
Monthly Rent Near Campus$510$1,050-$540
Cost of Living Index90100-10

Parma's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Parma

46

Walk Score

Car-Dependent

24

Transit Score

Minimal Transit

7.1%

Student Population

5,658 students

Parma has a total population of 79,167, with approximately 5,658 college students (7.1% of the population). While not primarily a college town, Parma offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Parma

$32,415

Starting Salary

4.1%

Unemployment Rate

62%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Parma earn a median starting salary of $32,415, which is -$2,585 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $99,428 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $15,347 per student per year, the net cost and payback period can be significantly reduced.

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