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

🙂 Solo nomad: Parma is 0.3% cheaper than Hong Kong without rent, and 32.2% cheaper with rent.

😐 Family of 3: Parma is 4.3% more expensive than Hong Kong without rent, and 30% cheaper with rent.

Meal at Budget Restaurant

$20.52 €17.40

$9.18 HK$71.8

123.53%

Three-Course Dinner for Two, Mid-Range

$79.5 €67.5

$63.3 HK$495

25.74%

Fast Food Meal (McDonalds, etc)

$11.15 €9.46

$6.43 HK$50.4

73.41%

Cappuccino

$2.17 €1.84

$5.00 HK$39.14

-56.60%

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

$2.78 €2.36

$1.34 HK$10.52

107.46%

Water (0.33 liter bottle)

$1.50 €1.27

$1.05 HK$8.19

42.86%

Local Beer (0.5 liter draught)

$5.84 €4.95

$6.72 HK$52.7

-13.10%

Imported Beer (0.33 liter bottle)

$5.68 €4.82

$6.43 HK$50.3

-11.66%

Milk (1 liter)

$1.64 €1.39

$2.96 HK$23.21

-44.59%

White Bread (500g)

$2.68 €2.27

$2.25 HK$17.60

19.11%

Rice (white) (1kg)

$2.82 €2.39

$1.98 HK$15.49

42.42%

Eggs

$4.96 €4.21

$3.43 HK$26.86

44.61%

Local Cheese (1kg)

$20.60 €17.47

$25.23 HK$198

-18.35%

Chicken Fillets (1kg)

$13.42 €11.38

$10.47 HK$82.0

28.18%

Beef Round Steak (1kg)

$17.93 €15.20

$22.54 HK$176

-20.45%

Apples (1kg)

$2.38 €2.02

$3.46 HK$27.07

-31.21%

Banana (1kg)

$2.15 €1.82

$2.30 HK$18.03

-6.52%

Oranges (1kg)

$2.04 €1.73

$3.75 HK$29.36

-45.60%

Tomato (1kg)

$2.96 €2.51

$3.05 HK$23.87

-2.95%

Potato (1kg)

$1.59 €1.35

$2.24 HK$17.52

-29.02%

Onion (1kg)

$1.33 €1.13

$2.20 HK$17.20

-39.55%

Lettuce (1 head)

$1.75 €1.49

$1.69 HK$13.21

3.55%

Water (1.5 liter bottle)

$0.65 €0.55

$1.72 HK$13.46

-62.21%

Cigarettes 20 Pack (Marlboro, Camel)

$6.97 €5.91

$12.74 HK$99.8

-45.29%

Wine (Bottle)

$8.88 €7.53

$15.53 HK$122

-42.82%

Local Beer (0.5 liter bottle)

$1.70 €1.44

$1.82 HK$14.23

-6.59%

Imported Beer (0.33 liter bottle)

$1.83 €1.55

$2.63 HK$20.60

-30.42%

One-way Ticket (Public Transport)

$2.02 €1.71

$1.77 HK$13.82

14.12%

Public Transport Monthly Pass (Regular Price)

$41.44 €35.14

$62.6 HK$490

-33.76%

Taxi Start (Normal Tariff)

$5.89 €4.99

$3.74 HK$29.30

57.49%

Taxi (Normal Tariff) (1km)

$1.39 €1.18

$1.31 HK$10.29

6.11%

Taxi 1hour Waiting (Normal Tariff)

$29.37 €24.90

$14.62 HK$115

100.89%

Gasoline (1 liter)

$2.02 €1.72

$2.99 HK$23.43

-32.44%

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

$26.3K €22.3K

$38.2K HK$299.3K

-31.20%

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

$34.9K €29.6K

$32.3K HK$252.5K

8.28%

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

$182 €155

$232 HK$1,814

-21.26%

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

$14.91 €12.65

$17.61 HK$138

-15.33%

Internet (50+ Mbps, Unlimited Data)

$29.96 €25.41

$22.89 HK$179

30.89%

Gym Membership (Monthly)

$60.9 €51.6

$77.4 HK$606

-21.35%

Tennis Court (1 Hour on Weekend)

$27.38 €23.22

$8.69 HK$68.1

215.07%

Cinema Ticket

$10.91 €9.25

$12.94 HK$101

-15.69%

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

$670 €568

$1,003 HK$7,854

-33.18%

International Primary School, 1 Child (Yearly)

$4,677 €3,966

$21.9K HK$171.8K

-78.69%

Jeans (Levis 501 Or Similar)

$93.6 €79.4

$74.6 HK$584

25.46%

Summer Dress (H&M, Zara, etc)

$45.19 €38.32

$38.83 HK$304

16.38%

Sport Shoes (Adidas, Nike)

$96.3 €81.6

$88.5 HK$693

8.82%

Men's Leather Business Shoes

$171 €145

$141 HK$1,106

20.94%

1-bedroom Apartment, City Center (Monthly)

$902 €765

$2,235 HK$17.5K

-59.64%

1-bedroom Apartment, Outside City Center (Monthly)

$672 €570

$1,540 HK$12.1K

-56.39%

3-bedroom Apartment, City Center (Monthly)

$1,595 €1,353

$4,717 HK$36.9K

-66.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,171 €993

$3,073 HK$24.1K

-61.90%

Buy Apartment in City Center (m2)

$3,627 €3,075

$25.6K HK$200.2K

-85.81%

Buy Apartment Outside City Center (m2)

$2,450 €2,078

$15.7K HK$123.0K

-84.40%

Average Monthly Net Salary (After Tax)

$2,067 €1,753

$3,342 HK$26.2K

-38.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.83

3.97

21.66%

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

Last update for Parma: April 14, 2026

Last update for Hong Kong: April 13, 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

Parma vs other spots: cost of living compared

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