What is the cost of living in Florence?

The cost of living in Florence is 57.2% cheaper than New York City (index: 42.8). Groceries are 25.0% cheaper than NYC. Restaurants are 18.9% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately EUR 1,386 per month. Local purchasing power index is 72.8 (NYC = 100).

How much tax do you pay in Italy?

In Italy, a gross salary of EUR 50,000 per year results in approximately EUR 2,706 per month take-home pay after income tax and social contributions (effective rate: 35.1%). Use our Italy tax calculator for a personalised breakdown.

🇮🇹 Italy · #243 of 577 cities · 2026

Should I Move to Florence?

Q: Should I move to Florence?

Florence, Italy has a cost of living 57.2% cheaper than New York City (index: 42.8). It is ranked #243 out of 577 cities globally. Local purchasing power is moderate (index: 72.8 vs NYC = 100). Workers in Italy earning EUR 50,000 gross take home approximately EUR 2,706/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

57.2% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-57.2%

vs NYC

EUR 1,386

1-BR, city centre

EUR 2,706

Net take-home

Moderate

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from October 2026

Personalised Answer

Compare your salary: move to Florence?

Example: EUR 50,000 gross/year in Italy → EUR 2,706/month net after tax (35.1% effective rate). Full Italy tax breakdown →

Cost breakdown: Florence

Cost indices vs NYC = 100

Cost of Living

42.8 Mid-priced

Rent

33.5 Very affordable

Groceries

75.0 Above average

Restaurants

81.1 Above average

Purchasing Power

72.8 Moderate

Rent in Florence

1-BR, city centre EUR 1,386/mo

1-BR, outside centre EUR 924/mo

3-BR, city centre EUR 2,441/mo

3-BR, outside centre EUR 1,638/mo

Save by going outside centre 33% cheaper

Numbeo · 2026-10-02

Italy take-home pay

EUR 50,000 → EUR 2,706/Net take-home (35.1% effective rate, single filer)

Full Italy tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇮🇹 Pisa

Italy

CoL index 42.6

Compare Pisa vs Florence →

🇮🇹 Verona

Italy

CoL index 43.0

Compare Verona vs Florence →

🇮🇹 Parma

Italy

CoL index 41.9

Compare Parma vs Florence →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Florence after tax, in seconds.

Compare salaries → Full cost of living data

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