Cost of living in Parma, MO

Parma is a Census city in New Madrid County, MO. ACS 2024 5-year population is 596. Median gross rent is $575 (ACS 2024 5-year, this place). Median home value is $43,300. Median household income is $63,750. Insurance is the NAIC state average; food is a USDA plan — no town indexes.