Last update: Oct 2026

Cost of Living Comparison Between Parma and Da Nang

For one person, living is cheaper in Da Nang: $863 a month against $1,858 in Parma, rent and utilities included – about $11,900 less a year. Rent and utilities account for about half of the difference.

91

Cost of Living Index in Parma
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Parma Living Index
42

Cost of Living Index in Da Nang
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Da Nang Living Index

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Parma

🇮🇹 Italy

$1,858

/mo nomad

Da Nang

🇻🇳 Vietnam

$863

/mo nomad

Monthly Cost of Living

How much you'll spend in Parma and in Da Nang

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

A single person spends $1,858 per month in Parma vs $863 in Da Nang, rent included.

Parma $1,858
Da Nang $863

A couple spends around $2,922 per month in Parma vs $1,404 in Da Nang, rent included.

Parma $2,922
Da Nang $1,404

A family of three spends $3,986 per month in Parma vs $1,945 in Da Nang, rent included.

Parma $3,986
Da Nang $1,945

Parma costs about 115% more than Da Nang, and outside of rent the biggest gap is in eating out.

Parma sits 38% above the global median, while Da Nang is 36% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$19.92 €17.72

$2.30 ₫59.4K

766.09%

Three-Course Dinner for Two, Mid-Range

$72.5 €64.5

$19.62 ₫508.0K

269.52%

Fast Food Meal (McDonalds, etc)

$13.65 €12.14

$4.60 ₫119.1K

196.74%

Cappuccino

$2.24 €1.99

$1.66 ₫43.0K

34.94%

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

$3.40 €3.02

$0.61 ₫15.7K

457.38%

Water (0.33 liter bottle)

$1.62 €1.44

$0.34 ₫8,877

376.47%

Local Beer (0.5 liter draught)

$6.19 €5.50

$1.34 ₫34.6K

361.94%

Imported Beer (0.33 liter bottle)

$6.00 €5.34

$2.36 ₫61.1K

154.24%

Milk (1 liter)

$1.38 €1.23

$1.60 ₫41.5K

-13.75%

White Bread (500g)

$2.71 €2.41

$1.21 ₫31.3K

123.97%

Rice (white) (1kg)

$2.65 €2.36

$1.00 ₫25.9K

165.00%

Eggs

$4.28 €3.81

$1.51 ₫39.1K

183.44%

Local Cheese (1kg)

$18.34 €16.32

$12.90 ₫333.9K

42.17%

Chicken Fillets (1kg)

$12.85 €11.43

$4.29 ₫111.1K

199.53%

Beef Round Steak (1kg)

$17.07 €15.19

$9.06 ₫234.6K

88.41%

Apples (1kg)

$2.26 €2.01

$2.73 ₫70.6K

-17.22%

Banana (1kg)

$1.66 €1.48

$1.19 ₫30.8K

39.50%

Oranges (1kg)

$1.86 €1.65

$1.29 ₫33.4K

44.19%

Tomato (1kg)

$2.47 €2.20

$1.60 ₫41.3K

54.38%

Potato (1kg)

$1.33 €1.19

$1.18 ₫30.4K

12.71%

Onion (1kg)

$1.38 €1.23

$1.33 ₫34.3K

3.76%

Lettuce (1 head)

$1.64 €1.45

$1.01 ₫26.1K

62.38%

Water (1.5 liter bottle)

$0.54 €0.48

$0.53 ₫13.7K

1.89%

Cigarettes 20 Pack (Marlboro, Camel)

$6.78 €6.03

$1.56 ₫40.3K

334.62%

Wine (Bottle)

$7.71 €6.86

$7.93 ₫205.2K

-2.77%

Local Beer (0.5 liter bottle)

$1.56 €1.39

$0.88 ₫22.9K

77.27%

Imported Beer (0.33 liter bottle)

$1.92 €1.70

$2.12 ₫54.9K

-9.43%

One-way Ticket (Public Transport)

$1.85 €1.64

$0.32 ₫8,182

478.13%

Public Transport Monthly Pass (Regular Price)

$41.06 €36.52

$4.99 ₫129.3K

722.85%

Taxi Start (Normal Tariff)

$5.68 €5.05

$1.05 ₫27.1K

440.95%

Taxi (Normal Tariff) (1km)

$1.48 €1.31

$0.55 ₫14.3K

169.09%

Taxi 1hour Waiting (Normal Tariff)

$28.28 €25.15

$19.50 ₫504.8K

45.03%

Gasoline (1 liter)

$1.95 €1.74

$0.95 ₫24.5K

105.26%

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

$36.1K €32.1K

$30.9K ₫799.2M

16.97%

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

$35.3K €31.4K

$28.0K ₫724.6M

26.29%

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

$236 €210

$76.6 ₫2.0M

207.94%

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

$11.61 €10.33

$6.47 ₫167.6K

79.44%

Internet (50+ Mbps, Unlimited Data)

$27.54 €24.50

$8.08 ₫209.1K

240.84%

Gym Membership (Monthly)

$62.0 €55.2

$24.98 ₫646.6K

148.32%

Tennis Court (1 Hour on Weekend)

$26.85 €23.88

$5.35 ₫138.6K

401.87%

Cinema Ticket

$12.30 €10.94

$3.07 ₫79.4K

300.65%

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

$560 €498

$161 ₫4.2M

247.39%

International Primary School, 1 Child (Yearly)

$4,443 €3,952

$15.2K ₫392.3M

-70.69%

Jeans (Levis 501 Or Similar)

$90.9 €80.8

$45.38 ₫1.2M

100.24%

Summer Dress (H&M, Zara, etc)

$43.60 €38.78

$27.22 ₫704.7K

60.18%

Sport Shoes (Adidas, Nike)

$95.6 €85.1

$100 ₫2.6M

-4.45%

Men's Leather Business Shoes

$166 €148

$80.9 ₫2.1M

105.23%

1-bedroom Apartment, City Center (Monthly)

$843 €750

$529 ₫13.7M

59.40%

1-bedroom Apartment, Outside City Center (Monthly)

$639 €569

$349 ₫9.0M

83.13%

3-bedroom Apartment, City Center (Monthly)

$1,517 €1,349

$1,053 ₫27.3M

44.02%

3-bedroom Apartment, Outside City Center (Monthly)

$1,260 €1,121

$811 ₫21.0M

55.48%

Buy Apartment in City Center (m2)

$3,439 €3,059

$3,834 ₫99.3M

-10.32%

Buy Apartment Outside City Center (m2)

$2,380 €2,117

$1,308 ₫33.9M

81.99%

Average Monthly Net Salary (After Tax)

$2,034 €1,809

$363 ₫9.4M

459.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.46

10.72

-67.72%

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

Last update for Parma: October 13, 2026

Last update for Da Nang: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Parma

$639 34.4%

Da Nang

$349 40.4% 45.4% $290

Groceries & Markets

Parma

$327 17.6%

Da Nang

$201 23.2% 38.7% $126

Eating Out

Parma

$290 15.6%

Da Nang

$67 7.8% 76.8% $223

Monthly Utilities & Internet

Parma

$275 14.8%

Da Nang

$91 10.6% 66.9% $184

Clothing & Footwear

Parma

$178 9.6%

Da Nang

$114 13.2% 36% $64

Sport & Entertainment

Parma

$87 4.7%

Da Nang

$31 3.6% 64.1% $56

Getting Around

Parma

$62 3.3%

Da Nang

$10 1.2% 83.6% $51

Cost Breakdown

A central one-bedroom costs $843 in Parma versus $529 in Da Nang. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 460% higher in Parma, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $72.0 in Parma versus $20.00 in Da Nang. Monthly groceries follow the same trend: $327 vs $201 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇮🇹 Parma

🇻🇳 Da Nang

🕒 Local time

07:31 7:31 AM

12:31 12:31 PM

5 h ahead of Parma

🌤 Weather

👥 Population

193,315

1,245,200

💱 Currency

Euro EUR €

Vietnamese Dong VND ₫

📈 Exchange rate

1 EUR = 1.12 USD

100,000 VND = 3.86 USD

100,000 VND = 3.44 EUR

Exchange rates and currency converter

VND, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Vietnamese Dong exchange rates as of October 18, 2026: 1 USD = 25,889 VND (100,000 VND = 3.86 USD). 1 EUR = 29,105 VND (100,000 VND = 3.44 EUR).

USD to EUR in detail →

On the map

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Between locations

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

From you

Parma
Da Nang

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

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

Monthly costs with rent: $1,858 in Parma, $863 in Da Nang – roughly 115% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,787 per month in Parma and $1,295 in Da Nang. 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 63% more in Parma, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $72.0 in Parma and $20.00 in Da Nang. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $863, than in Parma at $1,858. 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 $863 in Da Nang to $1,858 in Parma. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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