Modena vs Florence on €40,000: take-home pay, rent and cost of living in 2026
On a gross salary of €40,000 a year, a single employee takes home €2,322 a month in Modena (70% of gross) and €2,322 a month in Florence (70%), after income tax and social security contributions.
Florence is 4% cheaper than Modena overall (cost-of-living index 42.8 vs 44.8, New York = 100). A one-bedroom flat in the city centre rents for about €1,386 a month in Florence and €752 in Modena, which leaves €936 and €1,570 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €1,886 a month in Florence — this salary leaves €436 a month on top.
By category, groceries cost 11% more in Florence than in Modena, eating out 6% more and rent 58% more.
Of the gross salary, income tax takes €8,459 a year in Modena and €8,459 in Florence; social contributions and other levies take €3,676 and €3,676.
Moving from abroad? Under the impatriati regime, take-home pay in Florence would be €2,913 a month — see who qualifies.
| Modena | Florence | |
|---|---|---|
| Gross salary per year | €40,000 | €40,000 |
| Income tax per year | €8,459 | €8,459 |
| Social contributions per year | €3,676 | €3,676 |
| Take-home pay per month | €2,322 | €2,322 |
| One-bedroom rent, city centre | €752 | €1,386 |
| Left after rent | €1,570 | €936 |
| Cost-of-living index (New York = 100) | 44.8 | 42.8 |
How each figure is taxed: Italy tax calculator and Italy tax calculator. Single employee without children; rent and price data from Numbeo, refreshed monthly.
Questions about Modena vs Florence
Is Florence, Italy more expensive than Modena, Italy?
Florence, Italy is 4% cheaper than Modena, Italy overall. On a gross salary of €40,000 a year, you take home €2,322 a month in Modena, Italy and €2,322 a month in Florence, Italy after income tax and social contributions.
How much can I save living in Florence, Italy vs Modena, Italy?
Keeping the same standard of living as in Modena, Italy, you could save about €436 a month (€5,237 a year) in Florence, Italy on this salary, after rent and living costs.
What taxes will I pay in Italy vs Italy?
On €40,000 gross a year you take home €2,322 a month in Italy and €2,322 a month in Italy. The calculation applies each country's 2026 income tax and social security rules for a single employee.