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Cost of Living Comparison Between Hong Kong and Parma Cost of Living Comparison Between Hong Kong and Parma

🙂 Solo nomad: Hong Kong is 2.4% cheaper than Parma without rent, and 54.1% more expensive with rent.
🙂 Family of 3: Hong Kong is 7.1% cheaper than Parma without rent, and 43% more expensive with rent.
Currency
🍽 Eating Out
Hong Kong
Parma
Difference
Meal at Budget Restaurant
$8.7 HK$67.7
$21.23 €18.28
-59.02%
Three-Course Dinner for Two, Mid-Range
$63.1 HK$491
$79.5 €68.5
-20.72%
Fast Food Meal (McDonalds, etc)
$6.41 HK$49.93
$11.1 €9.56
-42.25%
Cappuccino
$4.98 HK$38.82
$2.15 €1.85
131.63%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.36 HK$10.57
$2.88 €2.48
-52.78%
Water (0.33 liter bottle)
$1.09 HK$8.48
$1.44 €1.24
-24.31%
Local Beer (0.5 liter draught)
$6.93 HK$54
$5.9 €5.08
17.46%
Imported Beer (0.33 liter bottle)
$6.49 HK$50.6
$5.62 €4.84
15.48%
🛒 Groceries & Markets
Hong Kong
Parma
Difference
Milk (1 liter)
$2.97 HK$23.13
$1.56 €1.35
90.38%
White Bread (500g)
$2.22 HK$17.27
$2.53 €2.18
-12.25%
Rice (white) (1kg)
$1.94 HK$15.13
$2.7 €2.33
-28.15%
Eggs
$3.37 HK$26.23
$5.01 €4.31
-32.73%
Local Cheese (1kg)
$25.59 HK$199
$21.24 €18.3
20.48%
Chicken Fillets (1kg)
$10.49 HK$81.7
$13.25 €11.41
-20.83%
Beef Round Steak (1kg)
$21.83 HK$170
$17.55 €15.12
24.39%
Apples (1kg)
$3.56 HK$27.72
$2.35 €2.03
51.49%
Banana (1kg)
$2.26 HK$17.59
$2.22 €1.91
1.80%
Oranges (1kg)
$3.81 HK$29.71
$1.96 €1.68
94.39%
Tomato (1kg)
$2.94 HK$22.91
$2.87 €2.47
2.44%
Potato (1kg)
$2.26 HK$17.6
$1.61 €1.39
40.37%
Onion (1kg)
$2.31 HK$18.02
$1.37 €1.18
68.61%
Lettuce (1 head)
$1.77 HK$13.78
$1.78 €1.53
-0.56%
Water (1.5 liter bottle)
$1.63 HK$12.69
$0.61 €0.53
167.21%
Cigarettes 20 Pack (Marlboro, Camel)
$12.95 HK$101
$7.13 €6.14
81.63%
Wine (Bottle)
$15.53 HK$121
$8.49 €7.31
82.92%
Local Beer (0.5 liter bottle)
$1.83 HK$14.28
$1.7 €1.47
7.65%
Imported Beer (0.33 liter bottle)
$2.68 HK$20.9
$1.9 €1.64
41.05%
🚌 Getting Around
Hong Kong
Parma
Difference
One-way Ticket (Public Transport)
$1.71 HK$13.28
$1.93 €1.67
-11.40%
Public Transport Monthly Pass (Regular Price)
$64.5 HK$502
$42.22 €36.36
52.72%
Taxi Start (Normal Tariff)
$3.79 HK$29.54
$5.95 €5.12
-36.30%
Taxi (Normal Tariff) (1km)
$1.38 HK$10.73
$1.34 €1.15
2.99%
Taxi 1hour Waiting (Normal Tariff)
$15.04 HK$117
$28.63 €24.66
-47.47%
Gasoline (1 liter)
$3.1 HK$24.12
$2.01 €1.73
54.23%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$38.5K HK$300K
$25.8K €22.2K
49.57%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$33.1K HK$258.1K
$35K €30.1K
-5.30%
🧾 Monthly Utilities & Internet
Hong Kong
Parma
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$234 HK$1,819
$179 €155
30.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$17.78 HK$138
$15.02 €12.94
18.38%
Internet (50+ Mbps, Unlimited Data)
$22.57 HK$176
$30.32 €26.11
-25.56%
🎉 Sport & Entertainment
Hong Kong
Parma
Difference
Gym Membership (Monthly)
$76.9 HK$599
$59.9 €51.6
28.39%
Tennis Court (1 Hour on Weekend)
$8.68 HK$67.6
$28.22 €24.3
-69.24%
Cinema Ticket
$12.72 HK$99.1
$11.02 €9.49
15.43%
🧸 Childcare & Education
Hong Kong
Parma
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$987 HK$7,684
$662 €570
49.08%
International Primary School, 1 Child (Yearly)
$21.9K HK$170.5K
$4,543 €3,913
381.78%
👕👟 Clothing & Footwear
Hong Kong
Parma
Difference
Jeans (Levis 501 Or Similar)
$72.3 HK$563
$93.2 €80.3
-22.45%
Summer Dress (H&M, Zara, etc)
$38.78 HK$302
$45.18 €38.91
-14.17%
Sport Shoes (Adidas, Nike)
$91.5 HK$713
$97.3 €83.8
-5.98%
Men's Leather Business Shoes
$141 HK$1,098
$172 €148
-17.76%
🏠 Accommodation & Living
Hong Kong
Parma
Difference
1-bedroom Apartment, City Center (Monthly)
$2,175 HK$16.9K
$883 €761
146.34%
1-bedroom Apartment, Outside City Center (Monthly)
$1,539 HK$12K
$676 €582
127.85%
3-bedroom Apartment, City Center (Monthly)
$4,882 HK$38K
$1,580 €1,361
209.04%
3-bedroom Apartment, Outside City Center (Monthly)
$3,045 HK$23.7K
$1,153 €993
164.05%
Buy Apartment in City Center (m2)
$25.4K HK$198K
$4,038 €3,478
529.76%
Buy Apartment Outside City Center (m2)
$15.8K HK$123.3K
$2,481 €2,137
538.01%
💵 Salaries & Financials
Hong Kong
Parma
Difference
Average Monthly Net Salary (After Tax)
$3,636 HK$28.3K
$2,085 €1,796
74.34%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.97
4.83
-17.81%

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

Last update for Hong Kong: November 30, 2025

Last update for Parma: December 1, 2025

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