Cost of Living in Florence, Italy
Florence has a cost of living index of 75/100 (New York = 100). It is 25% cheaper than New York. Data sourced live via AI — updated regularly.
Cost Breakdown by Category
Digital Nomad Profile
Best neighborhoods: Santo Spirito, San Frediano, Oltrarno
Frequently Asked Questions
Is Florence cheap to live in?
Florence has a cost of living index of 75/100, where New York = 100. It is 25% cheaper than New York. A single person can live comfortably for approximately $1,500–$2,100 per month.
How much does rent cost in Florence?
A 1-bedroom apartment in the city center of Florence costs approximately $1,500/month. Outside the center, expect to pay around $950/month.
Is Florence good for digital nomads?
Florence has a growing digital nomad community. Average internet speed is 75 Mbps, café wifi reliability is good, and coworking spaces run about $250/month. English proficiency is moderate.
What is the average salary in Florence?
The median net monthly salary in Florence is approximately $1,850 USD. The income tax rate is around 28%.
How does Florence compare to New York for cost of living?
Florence (cost index 75) is 25% cheaper than New York (cost index 100). You could save roughly $625/month by moving from New York to Florence.
Compare Florence with another city
See exactly how Florence stacks up against your current city or next destination.
Free to start · No credit card needed