Florence
Italy · Europe
$2,400
Monthly Cost
avg/person
70
Cost Index
NYC=100
65
Rent Index
NYC=100
78
Quality of Life
Good
62
Safety Index
Moderate
0.4M
Population
EUR
Quality Indices
Currency
Data collected from contributors and public sources. Updated monthly. Prices are indicative.
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $13 |
| Meal for 2 (mid-range) | $55 |
| McMeal at McDonald's | $9 |
| Domestic Beer (0.5L) | $4 |
| Imported Beer (0.33L) | $4.5 |
| Cappuccino | $1.6 |
| Coke/Pepsi (0.33L) | $2.4 |
| Water (0.33L) | $1.5 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $1.2 |
| Bread (500g) | $1.5 |
| Rice (1kg) | $1.7 |
| Eggs (12) | $3.3 |
| Chicken (1kg) | $8 |
| Beef (1kg) | $13 |
| Apples (1kg) | $2 |
| Banana (1kg) | $1.2 |
| Tomato (1kg) | $2 |
| Potato (1kg) | $1 |
| Onion (1kg) | $0.95 |
| Water (1.5L) | $0.65 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $1.7 |
| Monthly Pass | $35 |
| Taxi 1km | $1.8 |
| Gasoline (1L) | $1.9 |
| Volkswagen Golf | $27000 |
| Toyota Corolla | $22000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $175 |
| Mobile Plan | $12 |
| Internet (60 Mbps) | $27 |
| Fitness Club/month | $43 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $1,200/mo |
| 1BR Outside | $820/mo |
| 3BR Center | $2,500/mo |
| 3BR Outside | $1,600/mo |
| Price/m² Center | $6,000/m² |
| Price/m² Outside | $3,800/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $1850 |
| Mortgage Interest Rate | 3.8% |
Cost of Living in Florence — Complete Guide (2026)
Monthly Budget Overview
The average cost of living in Florence, Italy is approximately $2,400 per month for a single person. This includes rent, groceries, local transport, and utilities. Compared to New York City (index 100), Florence has a cost index of 70, making it around 30% more affordable.
Rent and Housing
Renting a one-bedroom apartment outside the city center in Florence costs around $820/month, while a one-bedroom in the center is approximately $1,200/month. A three-bedroom apartment in the center averages $2,500/month. The rent index is 65 compared to New York City.
Quality of Life and Safety
Florence scores 78/100 on the quality of life index and 62/100 on safety. Healthcare is rated 84/100. The climate index is 80/100. These scores are based on factors including infrastructure, pollution levels, healthcare access, and crime rates reported by residents and contributors.
Salaries and Purchasing Power
The average net salary in Florence is approximately $1,850/month. With a purchasing power index of 66/100, residents can cover basic expenses and save modestly. The local currency is EUR, though all prices on this page are displayed in USD for easy international comparison.
How does Florence compare to other cities?
Florence is located in Europe with a population of approximately 0.4M. At a cost index of 70 (NYC = 100), it is a moderately affordable city, offering good value compared to most Western cities. Use the free comparison tool to see how Florence stacks up against any other city worldwide across rent, groceries, transport, and salaries.