Are you considering a move to Florence, Italy, and wondering about the cost of living? Florence is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Florence and help you understand whether $2774 per month is moderately priced, given the average monthly salary of $1719.95.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
16.28 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
75.98 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
10.85 $ |
|
|
Domestic Beer (1 pint draught) |
5.43 $ |
|
|
Imported Beer (12 oz small bottle) |
5.43 $ |
|
|
Cappuccino (regular) |
1.71 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
3.17 $ |
|
|
Water (12 oz small bottle) |
1.64 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.57 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.11 $ |
|
|
Rice (white), (1 lb) |
2.81 $ |
|
|
Eggs (regular) (12) |
4.23 $ |
|
|
Local Cheese (1 lb) |
19.69 $ |
|
|
Chicken Fillets (1 lb) |
10.42 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
20.78 $ |
|
|
Apples (1 lb) |
3.07 $ |
|
|
Banana (1 lb) |
2.16 $ |
|
|
Oranges (1 lb) |
2.65 $ |
|
|
Tomato (1 lb) |
2.82 $ |
|
|
Potato (1 lb) |
1.75 $ |
|
|
Onion (1 lb) |
1.63 $ |
|
|
Lettuce (1 head) |
1.38 $ |
|
|
Water (1.5 liter bottle) |
0.57 $ |
|
|
Bottle of Wine (Mid-Range) |
6.51 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.81 $ |
|
|
Imported Beer (12 oz small bottle) |
2.3 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
6.51 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
1.85 $ |
|
|
Monthly Pass (Regular Price) |
37.99 $ |
|
|
Taxi Start (Normal Tariff) |
4.34 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.36 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
34.73 $ |
|
|
Gasoline (1 gallon) |
2.09 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
29306.57 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32155.82 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
287.71 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.65 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
76.29 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
19.54 $ |
|
|
Cinema, International Release, 1 Seat |
10.85 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
665.73 $ |
|
|
International Primary School, Yearly for 1 Child |
19096.31 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
82.03 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.84 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
76.46 $ |
|
|
1 Pair of Men Leather Business Shoes |
141.11 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
990.45 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
727.24 $ |
|
|
Apartment (3 bedrooms) in City Centre |
1972.31 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
1302.51 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
6078.4 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
3880.41 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
1719.95 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
3.69 % |
|
The monthly expenses for living in Florence come to a total of approximately $2774. This includes an average monthly rent of around $990 for a one-bedroom apartment in the city center, along with utilities costing about $302 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $886 per month.
Living in Florence appears to be relatively budget-friendly when considering the average monthly income of $1719.95. However, to enjoy a comfortable standard of living in Florence, you would likely need an income exceeding $1719.95.
In Florence, the average monthly post-tax salary hovers around $1719.95, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Florence is approximately $990. If you're open to living in a location outside the city center, you can expect to pay around $727.24 for such an apartment.
The expense for groceries in Florence can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $706 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Italy can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Italy.
The only possible risk in Florence is the pickpocket risk as in any other city frequented by tourists. However, the overall risk is low and there are almost no reports of serious criminal acts.
In Florence, it is difficult to hail a cab from the street and be aware that most taxis do not accept credit cards for payment, so you need to have cash with you. Taxis in Florence are relatively expensive and it might be dangerous to hail them late at night. Only use officially licensed taxis with a taxi sign on the roof and make sure the meter in the taxi is turned on. Pedestrians should take care of Zebra crossings because vehicles might not stop. You can drive in Italy with your driving license and other necessary documentation.
Pickpocket risk in Florence is at a very high level and petty crime like bag-snatching in the city center and public transport are common. To protect your valuables, use a hotel safe where possible and do not take too much money with you.
Some parts of Italy are prone to minor tremors and earthquakes, while forest fires remain a risk throughout the summer, which can be dangerous and unpredictable. No other natural hazard risk is common.
There are no reports of mugging and kidnapping in Florence, but tourists should be vigilant as in any other major city and avoid wandering the streets at night, especially in dangerous areas.
Taking into account the fact that terrorists are likely to try to carry out attacks in most of Europe, Italy, as well as Florence, might be a target. There are isolated cases of domestic terrorism. The Italian authorities have made several arrests of individuals who have links to Daesh and other extremist groups.
Scam risk exists in Florence and even though it is of medium level, you should pay attention to “gold ring” tricks, fake petitions and strangely looking people trying to help you.
Female travelers can feel free in Florence since it is very safe and there have been no reports of a female being sexually assaulted or attacked in any other way, especially a foreigner.
For travelers that possess Schengen, visas are not required and they can stay in Italy as long as they want, while other travelers can visit this country for 90 days only without a visa. For longer stays, you are required to obtain a visa in the Italian Embassy. Your passport is documentation that should be valid during your stay.
The official currency in Italy is the Euro. Even though it is considered a cheaper city than the rest of the European major cities, you will need approximately 70€ per day including accommodation. Exchange money only in banks or legitimate Bureaux de Change.
The climate in Italy is hot and dry and the period from June to September is the greatest. Florence can be visited year-long, but the peak season is summer. If you are not fond of crowds, travel to Florence in spring or autumn.
Florence is served by Amerigo Vespucci international airport which is very close to the city. Much cheaper flights to Florence can be found at Pisa airport. Other major airports are in Rome, Milan, and Naples.
Make sure that you have a travel insurance policy before starting any journey. Even though Florence is not so dangerous city, accidents might happen and your insurance will cover medical costs or baggage loss.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 51°F | 53°F | 60°F | 66°F | 74°F | 82°F | 88°F | 88°F | 79°F | 69°F | 58°F | 51°F |
| Temp | 43°F | 45°F | 51°F | 56°F | 64°F | 72°F | 77°F | 77°F | 69°F | 61°F | 51°F | 44°F |
| Low | 36°F | 37°F | 42°F | 47°F | 54°F | 61°F | 65°F | 65°F | 59°F | 52°F | 43°F | 37°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 10°C | 11°C | 15°C | 18°C | 23°C | 27°C | 31°C | 31°C | 26°C | 20°C | 14°C | 10°C |
| Temp | 6°C | 7°C | 10°C | 13°C | 17°C | 22°C | 25°C | 25°C | 20°C | 16°C | 10°C | 6°C |
| Low | 2°C | 2°C | 5°C | 8°C | 12°C | 16°C | 18°C | 18°C | 15°C | 11°C | 6°C | 2°C |