🇮🇹 Italy · 2026

Cost of Living in Parma

Close to the Italy average

Ranked #261 of 577 cities · More expensive than 54.8% of cities worldwide

+1.2%
Cost of Living
-7.4%
Rent
-8.8%
Groceries
+8.4%
Purchasing Power

Compared to Italy average · See Italy ranking →

Rent Prices in Parma

Apartment City Centre Outside Centre You Save
1-Bedroom EUR 761/mo ≈ $854 EUR 568/mo ≈ $637 25%
3-Bedroom EUR 1,361/mo ≈ $1,526 —
Numbeo · 2026-10-02

Multi-Source Comparison

★ Low Confidence

Parma has a cost of living index of 41.9 (New York = 100, rent included), from a single data source.

41.9
Index
1
Sources

Source Values (NYC = 100)

Numbeo
41.9
Expatistan
No data
LivingCost
No data
ShouldIMove price index
No data

ShouldIMove price index: our own basket of real item prices plus rent.

Cost Indices

Cost of Living
+1.2% Average
Rent
-7.4% Average
Groceries
-8.8% Affordable
Restaurants
0.0% Average
Purchasing Power
+8.4% Strong

Living in Parma: What to Expect

Parma is mid-priced by global standards (ranked #261 of 577 cities). It is 1.2% more expensive than the Italy average, based on 23 cities.

Groceries are affordable and dining out is average. The best value is groceries and the priciest is restaurants.

Workers in Italy earning EUR 50,000 gross take home EUR 2,706/month after tax (35.1% effective rate). See full Italy tax calculator →

How Does Parma Compare?

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