Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Parma

For one person, living is cheaper in Da Nang: $889 a month against $1,851 in Parma, rent and utilities included – about $11,500 less a year. Other living expenses account for most of the difference.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
90

Cost of Living Index in Parma
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Parma Living Index

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Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Parma

🇮🇹 Italy

$1,851

/mo nomad

Monthly Cost of Living

How much you'll spend in Da Nang 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 Da Nang and in Parma actually costs, broken down by who's living it.

A single person spends $889 per month in Da Nang vs $1,851 in Parma, rent included.

Da Nang $889
Parma $1,851

A couple spends around $1,426 per month in Da Nang vs $2,930 in Parma, rent included.

Da Nang $1,426
Parma $2,930

A family of three spends $1,963 per month in Da Nang vs $4,009 in Parma, rent included.

Da Nang $1,963
Parma $4,009

Da Nang is about 52% cheaper than Parma, and outside of rent the biggest gap is in eating out.

Da Nang sits 35% below the global median, while Parma is 36% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

$19.99 €17.84

-89.14%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

$74.0 €66.0

-73.62%

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

$13.62 €12.15

-66.74%

Cappuccino

$1.64 ₫42.4K

$2.27 €2.03

-27.75%

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

$0.60 ₫15.6K

$3.54 €3.16

-83.05%

Water (0.33 liter bottle)

$0.34 ₫8,901

$1.61 €1.44

-78.88%

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$6.05 €5.40

-78.02%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

$6.04 €5.39

-60.93%

Milk (1 liter)

$1.60 ₫41.2K

$1.40 €1.25

14.29%

White Bread (500g)

$1.20 ₫31.0K

$2.85 €2.54

-57.89%

Rice (white) (1kg)

$1.05 ₫27.1K

$2.65 €2.37

-60.38%

Eggs

$1.52 ₫39.3K

$4.23 €3.77

-64.07%

Local Cheese (1kg)

$12.82 ₫330.7K

$18.18 €16.22

-29.48%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$12.75 €11.37

-67.29%

Beef Round Steak (1kg)

$9.33 ₫240.6K

$17.41 €15.54

-46.41%

Apples (1kg)

$2.60 ₫67.2K

$2.17 €1.94

19.82%

Banana (1kg)

$1.21 ₫31.3K

$1.70 €1.51

-28.82%

Oranges (1kg)

$1.28 ₫33.1K

$1.94 €1.73

-34.02%

Tomato (1kg)

$1.57 ₫40.5K

$2.55 €2.27

-38.43%

Potato (1kg)

$1.20 ₫31.0K

$1.30 €1.16

-7.69%

Onion (1kg)

$1.31 ₫33.9K

$1.32 €1.18

-0.76%

Lettuce (1 head)

$1.04 ₫26.9K

$1.65 €1.47

-36.97%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$0.58 €0.52

-15.52%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$6.79 €6.05

-77.76%

Wine (Bottle)

$7.97 ₫205.6K

$7.95 €7.10

0.25%

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

$1.60 €1.42

-41.88%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

$1.92 €1.71

13.54%

One-way Ticket (Public Transport)

$0.30 ₫7,693

$1.92 €1.71

-84.38%

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

$42.77 €38.16

-85.25%

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

$5.65 €5.04

-81.59%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

$1.44 €1.28

-60.42%

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

$27.58 €24.61

-30.13%

Gasoline (1 liter)

$0.91 ₫23.4K

$2.05 €1.82

-55.61%

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

$30.8K ₫795.4M

$34.8K €31.1K

-11.48%

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

$28.4K ₫732.2M

$38.1K €34.0K

-25.48%

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

$78.5 ₫2.0M

$238 €212

-66.94%

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

$6.35 ₫163.9K

$11.66 €10.40

-45.54%

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

$27.41 €24.46

-69.61%

Gym Membership (Monthly)

$27.08 ₫698.6K

$62.3 €55.6

-56.51%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

$26.87 €23.97

-80.20%

Cinema Ticket

$3.37 ₫86.8K

$12.23 €10.91

-72.44%

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

$423 ₫10.9M

$425 €379

-0.43%

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

$4,559 €4,067

231.17%

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

$90.0 €80.3

-49.81%

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

$42.89 €38.26

-35.30%

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

$96.5 €86.1

4.36%

Men's Leather Business Shoes

$82.8 ₫2.1M

$163 €145

-49.11%

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

$846 €755

-34.62%

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

$627 €560

-41.16%

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

$1,501 €1,339

-18.22%

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

$1,266 €1,130

-35.16%

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

$3,195 €2,851

20.74%

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

$2,411 €2,151

-22.13%

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

$2,047 €1,826

-82.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

3.46

209.83%

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

Last update for Da Nang: October 25, 2026

Last update for Parma: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Parma

$627 33.9% 69.9% $258

Groceries & Markets

Da Nang

$200 22.5%

Parma

$330 17.8% 64.9% $130

Clothing & Footwear

Da Nang

$115 13%

Parma

$176 9.5% 52.9% $61

Monthly Utilities & Internet

Da Nang

$93 10.5%

Parma

$277 14.9% 197% $183

Eating Out

Da Nang

$66 7.4%

Parma

$291 15.7% 342% $225

Sport & Entertainment

Da Nang

$34 3.8%

Parma

$87 4.7% 157% $53

Getting Around

Da Nang

$11 1.3%

Parma

$63 3.4% 457% $52

Cost Breakdown

A central one-bedroom costs $553 in Da Nang versus $846 in Parma. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Parma are about 5.6 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20 in Da Nang versus $74 in Parma. Monthly groceries follow the same trend: $200 vs $330 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇮🇹 Parma

🕒 Local time

03:32 3:32 AM

21:32 9:32 PM

6 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

193,315

💱 Currency

Vietnamese Dong VND ₫

Euro EUR €

📈 Exchange rate

100,000 VND = 3.88 USD

100,000 VND = 3.46 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to VND – Vietnamese Dong Converter

🇺🇸 United States Dollar ($)

🇻🇳 Vietnamese Dong (₫)

Vietnamese Dong exchange rates as of November 2, 2026: 1 USD = 25,802 VND (100,000 VND = 3.88 USD). 1 EUR = 28,920 VND (100,000 VND = 3.46 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Parma 9,360 km ≈ 12 h nonstop flight

From you

Da Nang
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

Da Nang vs Parma: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $1,851 in Parma – Da Nang comes out roughly 52% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $1,333 per month in Da Nang and $2,777 in Parma. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Da Nang, especially for central apartments: a one-bedroom in the center costs $553 there versus $846 in Parma.

Groceries cost about 65% more in Parma, though the gap depends on what you buy.

A mid-range dinner for two costs $20 in Da Nang and $74 in Parma. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Parma at $1,851. In Da Nang it covers expenses comfortably, while in Parma it requires careful planning or may not stretch far enough.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $889 in Da Nang to $1,851 in Parma. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Da Nang. If higher salaries or specific career opportunities are the priority, Parma makes more sense. Both are solid long-term options with distinct trade-offs.