Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Parma

For one person, living is cheaper in Parma: $1,858 a month against $2,663 in Austin, TX, rent and utilities included – about $9,700 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Austin, TX
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Austin, TX Living Index
91

Cost of Living Index in Parma
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Parma Living Index

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Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Parma

🇮🇹 Italy

$1,858

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Parma

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Parma actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,663 in Austin, TX versus $1,858 in Parma.

Austin, TX $2,663
Parma $1,858

Estimated couple costs with rent: $4,133 in Austin, TX versus $2,922 in Parma.

Austin, TX $4,133
Parma $2,922

Monthly costs for a family of three with rent: $5,603 in Austin, TX versus $3,986 in Parma.

Austin, TX $5,603
Parma $3,986

Living in Austin, TX is roughly 43% more expensive than in Parma, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Austin, TX 97% above, Parma 38% above.

Meal at Budget Restaurant

$20.77 $20.77

$19.92 €17.72

4.27%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$72.5 €64.5

16.68%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$13.65 €12.14

-9.74%

Cappuccino

$5.63 $5.63

$2.24 €1.99

151.34%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.72 $3.72

$3.40 €3.02

9.41%

Water (0.33 liter bottle)

$2.50 $2.50

$1.62 €1.44

54.32%

Local Beer (0.5 liter draught)

$8.05 $8.05

$6.19 €5.50

30.05%

Imported Beer (0.33 liter bottle)

$9.01 $9.01

$6.00 €5.34

50.17%

Milk (1 liter)

$1.12 $1.12

$1.38 €1.23

-18.84%

White Bread (500g)

$3.75 $3.75

$2.71 €2.41

38.38%

Rice (white) (1kg)

$3.26 $3.26

$2.65 €2.36

23.02%

Eggs

$4.17 $4.17

$4.28 €3.81

-2.57%

Local Cheese (1kg)

$12.90 $12.90

$18.34 €16.32

-29.66%

Chicken Fillets (1kg)

$14.16 $14.16

$12.85 €11.43

10.19%

Beef Round Steak (1kg)

$16.22 $16.22

$17.07 €15.19

-4.98%

Apples (1kg)

$4.33 $4.33

$2.26 €2.01

91.59%

Banana (1kg)

$1.46 $1.46

$1.66 €1.48

-12.05%

Oranges (1kg)

$4.51 $4.51

$1.86 €1.65

142.47%

Tomato (1kg)

$4.34 $4.34

$2.47 €2.20

75.71%

Potato (1kg)

$2.58 $2.58

$1.33 €1.19

93.98%

Onion (1kg)

$2.35 $2.35

$1.38 €1.23

70.29%

Lettuce (1 head)

$1.78 $1.78

$1.64 €1.45

8.54%

Water (1.5 liter bottle)

$2.22 $2.22

$0.54 €0.48

311.11%

Cigarettes 20 Pack (Marlboro, Camel)

$9.88 $9.88

$6.78 €6.03

45.72%

Wine (Bottle)

$15.08 $15.08

$7.71 €6.86

95.59%

Local Beer (0.5 liter bottle)

$2.92 $2.92

$1.56 €1.39

87.18%

Imported Beer (0.33 liter bottle)

$3.46 $3.46

$1.92 €1.70

80.21%

One-way Ticket (Public Transport)

$1.49 $1.49

$1.85 €1.64

-19.46%

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

$41.06 €36.52

1.61%

Taxi Start (Normal Tariff)

$2.73 $2.73

$5.68 €5.05

-51.94%

Taxi (Normal Tariff) (1km)

$1.66 $1.66

$1.48 €1.31

12.16%

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

$28.28 €25.15

24.82%

Gasoline (1 liter)

$0.95 $0.95

$1.95 €1.74

-51.28%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.0K $36.0K

$36.1K €32.1K

-0.17%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$27.1K $27.1K

$35.3K €31.4K

-23.41%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$229 $229

$236 €210

-2.90%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$59.4 $59.4

$11.61 €10.33

411.54%

Internet (50+ Mbps, Unlimited Data)

$69.9 $69.9

$27.54 €24.50

153.85%

Gym Membership (Monthly)

$57.2 $57.2

$62.0 €55.2

-7.72%

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

$26.85 €23.88

-39.18%

Cinema Ticket

$14.28 $14.28

$12.30 €10.94

16.10%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,506 $1,506

$560 €498

168.79%

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

$4,443 €3,952

382.97%

Jeans (Levis 501 Or Similar)

$52.8 $52.8

$90.9 €80.8

-41.88%

Summer Dress (H&M, Zara, etc)

$43.82 $43.82

$43.60 €38.78

0.50%

Sport Shoes (Adidas, Nike)

$84.8 $84.8

$95.6 €85.1

-11.37%

Men's Leather Business Shoes

$103 $103

$166 €148

-37.93%

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

$843 €750

126.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

$639 €569

99.31%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$1,517 €1,349

141.55%

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

$1,260 €1,121

101.41%

Buy Apartment in City Center (m2)

$7,614 $7,614

$3,439 €3,059

121.40%

Buy Apartment Outside City Center (m2)

$3,157 $3,157

$2,380 €2,117

32.65%

Average Monthly Net Salary (After Tax)

$5,121 $5,121

$2,034 €1,809

151.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

3.46

96.24%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 12, 2026

Last update for Parma: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 47.8%

Parma

$639 34.4% 49.8% $635

Groceries & Markets

Austin, TX

$405 15.2%

Parma

$327 17.6% 19.2% $78

Monthly Utilities & Internet

Austin, TX

$358 13.5%

Parma

$275 14.8% 23.3% $83

Eating Out

Austin, TX

$354 13.3%

Parma

$290 15.6% 18% $64

Clothing & Footwear

Austin, TX

$128 4.8%

Parma

$178 9.6% 39.3% $50

Sport & Entertainment

Austin, TX

$86 3.2%

Parma

$87 4.7% 1% $0.8

Getting Around

Austin, TX

$59 2.2%

Parma

$62 3.3% 4.8% $2.8

Cost Breakdown

A one-bedroom apartment in the center runs $1,907 in Austin, TX and $843 in Parma. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 152% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $85.0 in Austin, TX vs $72.0 in Parma for a mid-range dinner for two. Groceries echo the gap at $405 vs $327 per month, with Parma cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇮🇹 Parma

🕒 Local time

16:33 4:33 PM

23:33 11:33 PM

7 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

193,315

💱 Currency

United States Dollar USD $

Euro EUR €

📈 Exchange rate

1 USD = 0.89 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Austin, TX Parma 8,950 km ≈ 12 h nonstop flight

From you

Austin, TX
Parma

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Parma: Cost of Living - Frequently Asked Questions

Parma wins on cost – living expenses run 43% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Parma the obvious pick if budget is a priority.

Average pay runs 152% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,907 in Austin, TX versus $843 in Parma. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,663 per month in Austin, TX versus $1,858 in Parma – a 43% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Parma runs roughly 2% less than in Austin, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,858 in Parma versus $2,663 in Austin, TX, a $2,500 budget is realistic in Parma but tight or insufficient in Austin, TX. The gap between the two cities makes Parma the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Austin, TX and Parma are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Parma gentler on the wallet – expenses run 43% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.