What is the cost of living in Palermo?

The cost of living in Palermo is 66.1% cheaper than New York City (index: 33.9). Groceries are 42.4% cheaper than NYC. Restaurants are 45.3% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately EUR 654 per month. Local purchasing power index is 91.9 (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 · #341 of 577 cities · 2026

Should I Move to Palermo?

Q: Should I move to Palermo?

Palermo, Italy has a cost of living 66.1% cheaper than New York City (index: 33.9). It is ranked #341 out of 577 cities globally. Local purchasing power is strong (index: 91.9 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.

66.1% cheaper than NYC, and purchasing power is strong.

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

-66.1%

vs NYC

EUR 654

1-BR, city centre

EUR 2,706

Net take-home

Strong

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 Palermo?

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: Palermo

Cost indices vs NYC = 100

Cost of Living

33.9 Mid-priced

Rent

14.3 Very affordable

Groceries

57.6 Moderate

Restaurants

54.7 Affordable

Purchasing Power

91.9 Strong

Rent in Palermo

1-BR, city centre EUR 654/mo

1-BR, outside centre EUR 441/mo

3-BR, city centre EUR 983/mo

3-BR, outside centre EUR 645/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.

🇮🇹 Bergamo

Italy

CoL index 36.8

Compare Bergamo vs Palermo →

🇮🇹 Catania

Italy

CoL index 37.2

Compare Catania vs Palermo →

🇮🇹 Bari

Italy

CoL index 38.0

Compare Bari vs Palermo →

Ready to run the numbers?

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

Compare salaries → Full cost of living data

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