Florence vs Madrid

Cost of living comparison for 2026. Florence is roughly 0% more affordable than Madrid (index 38 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Florence
More affordable overall
0% cheaper than Madrid · Cost index: 38 vs 38

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

38Cost Index38
2,105Median Income /mo2,200
72Safety Index71
27Income Tax %22
70Internet (Mbps)271
215Coworking /mo200

Price Breakdown

FlorenceCategoryMadrid
$1,354/month
1-BR Apartment (Center)
11% ← cheaper
$1,200/month
$1.7/liter
Meal for One
35% ← cheaper
$1.1/liter
$16/meal
Restaurant (Mid-range)
25% ← cheaper
$12/meal
$50/month
Monthly Transit Pass
4% ← cheaper
$48/month
$221/month
Utilities (Monthly)
37% ← cheaper
$140/month
$90/visit
Doctor Visit
33% ← cheaper
$60/visit

Digital Nomad Profile

Florence

Internet70 Mbps
Coworking$215/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability88/100

Madrid

Internet271 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Florence cheaper than Madrid?

Florence is cheaper than Madrid. Florence has a cost of living index of 38/100 compared to 38/100 for Madrid (New York = 100), making it roughly 0% more affordable overall.

How much cheaper is Florence than Madrid?

Florence is approximately 0% cheaper than Madrid based on cost index scores (38 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $3,000/month in Florence.

What is the rent comparison between Florence and Madrid?

In Florence, a 1-bedroom apartment in the city center costs approximately $1,354/month. In Madrid, the equivalent is around $1,200/month.

Which city is better for digital nomads — Florence or Madrid?

Both cities have nomad infrastructure. Florence offers 70 Mbps internet and coworking at ~$215/month. Madrid offers 271 Mbps and coworking at ~$200/month. Florence has a cost advantage of 0%.

What is the average income in Florence vs Madrid?

The median net monthly salary in Florence is approximately $2,105 USD, compared to $2,200 USD in Madrid.

Compare Florence with…

Popular head-to-heads — see exactly where Florence wins or loses.

Cities that cost about the same as Florence

Same spending tier, different part of the world — the head-to-heads people actually weigh when relocating.

Explore this comparison interactively

See radar charts, detailed category breakdowns, and compare any two cities in real time.

Free to start · No credit card needed