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

😐 Solo nomad: Hong Kong is 0.3% more expensive than Parma without rent, and 47.6% more expensive with rent.

🙂 Family of 3: Hong Kong is 4.1% cheaper than Parma without rent, and 42.8% more expensive with rent.

Meal at Budget Restaurant

$9.18 HK$71.8

$20.52 €17.40

-55.26%

Three-Course Dinner for Two, Mid-Range

$63.3 HK$495

$79.5 €67.5

-20.47%

Fast Food Meal (McDonalds, etc)

$6.43 HK$50.4

$11.15 €9.46

-42.33%

Cappuccino

$5.00 HK$39.14

$2.17 €1.84

130.41%

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

$1.34 HK$10.52

$2.78 €2.36

-51.80%

Water (0.33 liter bottle)

$1.05 HK$8.19

$1.50 €1.27

-30.00%

Local Beer (0.5 liter draught)

$6.72 HK$52.7

$5.84 €4.95

15.07%

Imported Beer (0.33 liter bottle)

$6.43 HK$50.3

$5.68 €4.82

13.20%

Milk (1 liter)

$2.96 HK$23.21

$1.64 €1.39

80.49%

White Bread (500g)

$2.25 HK$17.60

$2.68 €2.27

-16.04%

Rice (white) (1kg)

$1.98 HK$15.49

$2.82 €2.39

-29.79%

Eggs

$3.43 HK$26.86

$4.96 €4.21

-30.85%

Local Cheese (1kg)

$25.23 HK$198

$20.60 €17.47

22.48%

Chicken Fillets (1kg)

$10.47 HK$82.0

$13.42 €11.38

-21.98%

Beef Round Steak (1kg)

$22.54 HK$176

$17.93 €15.20

25.71%

Apples (1kg)

$3.46 HK$27.07

$2.38 €2.02

45.38%

Banana (1kg)

$2.30 HK$18.03

$2.15 €1.82

6.98%

Oranges (1kg)

$3.75 HK$29.36

$2.04 €1.73

83.82%

Tomato (1kg)

$3.05 HK$23.87

$2.96 €2.51

3.04%

Potato (1kg)

$2.24 HK$17.52

$1.59 €1.35

40.88%

Onion (1kg)

$2.20 HK$17.20

$1.33 €1.13

65.41%

Lettuce (1 head)

$1.69 HK$13.21

$1.75 €1.49

-3.43%

Water (1.5 liter bottle)

$1.72 HK$13.46

$0.65 €0.55

164.62%

Cigarettes 20 Pack (Marlboro, Camel)

$12.74 HK$99.8

$6.97 €5.91

82.78%

Wine (Bottle)

$15.53 HK$122

$8.88 €7.53

74.89%

Local Beer (0.5 liter bottle)

$1.82 HK$14.23

$1.70 €1.44

7.06%

Imported Beer (0.33 liter bottle)

$2.63 HK$20.60

$1.83 €1.55

43.72%

One-way Ticket (Public Transport)

$1.77 HK$13.82

$2.02 €1.71

-12.38%

Public Transport Monthly Pass (Regular Price)

$62.6 HK$490

$41.44 €35.14

50.97%

Taxi Start (Normal Tariff)

$3.74 HK$29.30

$5.89 €4.99

-36.50%

Taxi (Normal Tariff) (1km)

$1.31 HK$10.29

$1.39 €1.18

-5.76%

Taxi 1hour Waiting (Normal Tariff)

$14.62 HK$115

$29.37 €24.90

-50.22%

Gasoline (1 liter)

$2.99 HK$23.43

$2.02 €1.72

48.02%

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

$38.2K HK$299.3K

$26.3K €22.3K

45.35%

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

$32.3K HK$252.5K

$34.9K €29.6K

-7.65%

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

$232 HK$1,814

$182 €155

27.00%

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

$17.61 HK$138

$14.91 €12.65

18.11%

Internet (50+ Mbps, Unlimited Data)

$22.89 HK$179

$29.96 €25.41

-23.60%

Gym Membership (Monthly)

$77.4 HK$606

$60.9 €51.6

27.15%

Tennis Court (1 Hour on Weekend)

$8.69 HK$68.1

$27.38 €23.22

-68.26%

Cinema Ticket

$12.94 HK$101

$10.91 €9.25

18.61%

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

$1,003 HK$7,854

$670 €568

49.67%

International Primary School, 1 Child (Yearly)

$21.9K HK$171.8K

$4,677 €3,966

369.25%

Jeans (Levis 501 Or Similar)

$74.6 HK$584

$93.6 €79.4

-20.29%

Summer Dress (H&M, Zara, etc)

$38.83 HK$304

$45.19 €38.32

-14.07%

Sport Shoes (Adidas, Nike)

$88.5 HK$693

$96.3 €81.6

-8.10%

Men's Leather Business Shoes

$141 HK$1,106

$171 €145

-17.32%

1-bedroom Apartment, City Center (Monthly)

$2,235 HK$17.5K

$902 €765

147.80%

1-bedroom Apartment, Outside City Center (Monthly)

$1,540 HK$12.1K

$672 €570

129.30%

3-bedroom Apartment, City Center (Monthly)

$4,717 HK$36.9K

$1,595 €1,353

195.65%

3-bedroom Apartment, Outside City Center (Monthly)

$3,073 HK$24.1K

$1,171 €993

162.48%

Buy Apartment in City Center (m2)

$25.6K HK$200.2K

$3,627 €3,075

604.91%

Buy Apartment Outside City Center (m2)

$15.7K HK$123.0K

$2,450 €2,078

540.97%

Average Monthly Net Salary (After Tax)

$3,342 HK$26.2K

$2,067 €1,753

61.71%

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: April 13, 2026

Last update for Parma: April 14, 2026

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

Hong Kong vs other spots: cost of living compared

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