Cost of Living in Parma

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Summary of cost of living in Parma, Italy:

  • The estimated monthly costs for a family of four are 3,590.9$ (3,151.0€), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are 1,003.4$ (880.5€), excluding rent.
  • Parma is 42.8% less expensive than New York (excluding rent, see our cost of living index).
  • Rent in Parma is, on average, 79.1% lower than in New York.
Restaurants
Edit Range
Meal, Inexpensive Restaurant 18.00 € 15.00-25.00
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 € 50.00-100.00
McMeal at McDonalds (or Equivalent Combo Meal) 9.50 € 8.50-11.00
Domestic Beer (1 pint draught) 5.00 € 5.00-6.00
Imported Beer (12 oz small bottle) 5.00 € 4.00-6.00
Cappuccino (regular) 1.89 € 1.20-2.50
Coke/Pepsi (12 oz small bottle) 2.42 € 1.50-3.00
Water (12 oz small bottle) 1.27 € 1.00-1.50
Markets
Edit
Milk (regular), (1 gallon) 5.23 € 4.16-6.40
Loaf of Fresh White Bread (1 lb) 2.04 € 1.36-3.18
Rice (white), (1 lb) 1.07 € 0.59-1.59
Eggs (regular) (12) 4.40 € 3.00-5.20
Local Cheese (1 lb) 8.23 € 6.35-18.14
Chicken Fillets (1 lb) 5.22 € 2.72-6.80
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.99 € 4.08-9.07
Apples (1 lb) 0.94 € 0.54-1.13
Banana (1 lb) 0.85 € 0.59-1.36
Oranges (1 lb) 0.77 € 0.45-1.59
Tomato (1 lb) 1.15 € 0.45-1.59
Potato (1 lb) 0.63 € 0.32-1.09
Onion (1 lb) 0.53 € 0.45-0.91
Lettuce (1 head) 1.50 € 0.70-2.50
Water (1.5 liter bottle) 0.54 € 0.35-1.00
Bottle of Wine (Mid-Range) 6.00 € 4.00-9.00
Domestic Beer (0.5 liter bottle) 1.46 € 1.20-2.00
Imported Beer (12 oz small bottle) 1.62 € 1.20-4.50
Cigarettes 20 Pack (Marlboro) 6.00 € 6.00-10.00
Transportation
Edit
One-way Ticket (Local Transport) 1.70 € 1.60-2.00
Monthly Pass (Regular Price) 36.00 € 34.00-42.00
Taxi Start (Normal Tariff) 5.00 € 5.00-5.00
Taxi 1 mile (Normal Tariff) 2.09 €
Taxi 1hour Waiting (Normal Tariff) 25.00 €
Gasoline (1 gallon) 6.71 € 6.66-6.81
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,500.00 € 15,000.00-30,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,000.00 €
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 155.50 € 127.50-491.11
Mobile Phone Monthly Plan with Calls and 10GB+ Data 12.99 € 8.00-14.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.00 € 25.00-27.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 52.50 € 29.99-80.00
Tennis Court Rent (1 Hour on Weekend) 24.00 € 14.00-30.00
Cinema, International Release, 1 Seat 9.60 € 8.00-12.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 575.00 € 500.00-650.00
International Primary School, Yearly for 1 Child 4,000.00 €
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.00 € 70.00-90.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 38.33 € 25.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 84.00 € 40.00-120.00
1 Pair of Men Leather Business Shoes 147.50 € 100.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 775.00 € 700.00-800.00
Apartment (1 bedroom) Outside of Centre 583.33 € 500.00-700.00
Apartment (3 bedrooms) in City Centre 1,363.33 € 1,100.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,013.33 € 880.00-1,300.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 336.31 € 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 198.81 € 167.22-260.13
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,579.17 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.83 4.50-4.90

Prices in Parma

This city had 152 entries in the past 12 months by 22 different contributors.
Last update: 29 May 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
  
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