Cost of Living in Parma

Summary of cost of living in Parma, Italy:

  • The estimated monthly costs for a family of four are 3,816.3$ (3,241.7€), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are 1,068.8$ (907.9€), excluding rent.
  • Parma is 36.2% less expensive than New York (excluding rent, see our cost of living index).
  • Rent in Parma is, on average, 79.4% lower than in New York.
Restaurants
Edit Range
Meal at an Inexpensive Restaurant 18.00 € 10.00-25.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 60.00 € 50.00-80.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 10.50 € 9.00-12.00
Domestic Draft Beer (1 Pint) 5.25 € 5.00-6.00
Imported Beer (12 oz Small Bottle) 5.50 € 3.50-6.00
Cappuccino (Regular Size) 2.20 € 1.20-2.50
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 2.88 € 2.00-4.00
Bottled Water (12 oz) 1.43 € 1.20-2.00
Markets
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Milk (Regular, 1 Liter) 1.27 € 1.00-1.50
Fresh White Bread (1 lb Loaf) 2.43 € 1.36-3.18
White Rice (1 lb) 1.07 € 0.59-1.59
Eggs (12, Large Size) 4.28 € 3.00-5.80
Local Cheese (1 lb) 10.32 € 6.80-18.14
Chicken Fillets (1 lb) 5.22 € 2.72-6.80
Beef Round or Equivalent Back Leg Red Meat (1 lb) 6.99 € 4.08-9.07
Apples (1 lb) 0.90 € 0.54-0.91
Bananas (1 lb) 0.87 € 0.54-1.36
Oranges (1 lb) 0.77 € 0.45-1.59
Tomatoes (1 lb) 1.21 € 0.45-1.59
Potatoes (1 lb) 0.63 € 0.32-1.09
Onions (1 lb) 0.54 € 0.45-0.91
Lettuce (1 Head) 1.50 € 0.70-2.50
Bottled Water (50 oz) 0.51 € 0.30-1.00
Bottle of Wine (Mid-Range) 7.50 € 4.00-10.00
Domestic Beer (16.9 oz Bottle) 1.42 € 1.20-1.60
Imported Beer (12 oz Small Bottle) 1.68 € 1.40-2.00
Cigarettes (Pack of 20, Marlboro) 6.00 € 6.00-6.50
Transportation
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One-Way Ticket (Local Transport) 1.70 € 1.70-2.00
Monthly Public Transport Pass (Regular Price) 36.00 € 34.00-39.00
Taxi Start (Standard Tariff) 5.00 € 5.00-5.00
Taxi 1 mile (Standard Tariff) 2.09 €
Taxi 1 Hour Waiting (Standard Tariff) 25.00 €
Gasoline (1 Liter) 1.75 € 1.72-1.76
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 32,434.00 € 32,434.00-32,434.00
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 31,500.00 € 31,500.00-31,500.00
Utilities (Monthly)
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Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 209.85 € 150.00-309.09
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 11.25 € 5.00-15.00
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 25.48 € 24.90-30.00
Sports And Leisure
Edit
Monthly Fitness Club Membership 56.67 € 29.99-80.00
Tennis Court Rental (1 Hour, Weekend) 24.33 € 15.00-28.00
Cinema Ticket (International Release) 10.50 € 9.00-12.00
Childcare
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Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 575.00 € 500.00-650.00
International Primary School, Annual Tuition per Child 4,000.00 €
Clothing And Shoes
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Jeans (Levi's 501 or Similar) 85.00 € 70.00-100.00
Summer Dress in a Chain Store (e.g. Zara or H&M) 38.33 € 25.00-50.00
Nike Running Shoes (Mid-Range) 90.00 € 70.00-120.00
Men's Leather Business Shoes 158.00 € 100.00-250.00
Rent Per Month
Edit
1 Bedroom Apartment in City Centre 783.33 € 750.00-800.00
1 Bedroom Apartment Outside of City Centre 578.00 € 500.00-700.00
3 Bedroom Apartment in City Centre 1,446.67 € 1,200.00-1,800.00
3 Bedroom Apartment Outside of City Centre 1,028.33 € 850.00-1,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 284.30 € 263.84-371.61
Price per Square Feet to Buy Apartment Outside of Centre 193.14 € 184.12-201.60
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,753.23 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.38 3.20-4.90

Prices in Parma

This city had 152 entries in the past 12 months by 14 different contributors.
Last update: 25 January 2026
Sources and References
Distribution of Expenses Using Our Statistical Model:
Salary Calculator:Got a job offer in Parma? Estimate your take-home pay with our Salary Calculator for Parma.
  
  
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