✦ Compare
Budapest vs
Florence
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
Budapest, HU vs Florence, IT at a glance — Florence, IT is 46% more expensive than Budapest, HU overall. Median 1-bed rent runs about $900/mo versus $700/mo. Top income tax: 43% vs 15%.
To keep the same standard of living in Florence, IT, you'd need
$109,311 / year
Florence, IT is 46% more expensive overall
Category breakdown (Florence, IT vs Budapest, HU)
- Housing+46%
- Food & groceries+53%
- Transport+56%
- Utilities+24%
- Healthcare+45%
- Goods & services+47%
◎ How Budapest, HU and Florence, IT compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| Budapest, HU | Florence, IT | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 67 | 98 |
| Housing | 65 | 95 |
| Food | 68 | 104 |
| Transport | 50 | 78 |
| Utilities | 95 | 118 |
| Healthcare | 55 | 80 |
| Goods & services | 72 | 106 |
| Housing | ||
| Rent, 1-bed centre | $700/mo | $900/mo |
| Rent, 1-bed outside | $520/mo | $680/mo |
| Rent, 3-bed centre | $1,350/mo | $1,700/mo |
| Buy price / m² centre | $3,200 | $4,800 |
| Money & purchasing power | ||
| $1,000 goes as far as | $1,484 | $1,018 |
| Inexpensive meal | $8 | $15 |
| Monthly transit pass | $30 | $40 |
| Taxes | ||
| Income tax (top rate) | 15% | 43% |
| VAT / sales tax | 27% | 22% |
| Corporate tax | 9% | 24% |
| Capital gains | — | 26% |
| Economy & salaries | ||
| Avg net salary | $900/mo | $1,900/mo |
| Minimum wage | $700/mo | — |
| GDP per capita | $23,320 | $43,309 |
| Inflation (annual) | 3.7% | 1.5% |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | Yes |
| English proficiency | Moderate | Moderate |
| Coworking spaces | 40 | 18 |
| Time zone | UTC+1 | UTC+1 |
| Quality of life | ||
| Safety index | 72 | 60 |
| Healthcare index | 60 | 80 |
| Pollution index | 50 | 48 |
| Internet speed | 200 Mbps | 120 Mbps |
| Walkability | 80 | 84 |
| Public transport | 82 | 68 |
| Family-friendly | 65 | 66 |
| Tap water | Safe to drink | Safe to drink |
| Life expectancy | 77 yr | 84 yr |
| LGBTQ+ acceptance | Low | Moderate |
| Climate | ||
| January avg | 0 °C | +7 °C |
| July avg | +22 °C | +26 °C |
| Sunny days / year | 200 | 240 |
| Rainfall / year | 520 mm | 830 mm |
| Connectivity | ||
| Flight to nearest hub | 1.5 h | 1 h |
Taxes & Economy & salaries: Hungary vs Italy. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
Good to know before you move to Budapest
Grand Habsburg boulevards, thermal baths and ruin bars split by the Danube — one of the EU's best-value capitals, with a flat 15% tax and the White Card pulling in a fast-growing nomad crowd.
- Currency
- Hungarian forint (Ft HUF)
- Languages
- Hungarian
- Time zone
- UTC+1
- Internet
- 200 Mbps
- English
- Fairly common
- Safety
- 72/100
- Climate
- ❄ 0°C · ☀ 22°C · 200 sunny days/yr
- Tap water
- Safe to drink
- Power
- F · 230V
- Driving
- Right-hand side
- Popular areas
- District VII · District V · District XIII · Buda Hills
Good to know before you move to Florence
An open-air museum in the Tuscan hills — Renaissance art, Chianti country on the doorstep and a walkable historic core. Tourism keeps the centre pricey and busy, but salaries are modest and it runs cheaper than Milan or Rome overall.
- Currency
- Euro (€ EUR)
- Languages
- Italian
- Time zone
- UTC+1
- Internet
- 120 Mbps
- English
- Fairly common
- Safety
- 60/100
- Climate
- ❄ 7°C · ☀ 26°C · 240 sunny days/yr
- Tap water
- Safe to drink
- Power
- F/L · 230V
- Driving
- Right-hand side
- Popular areas
- Oltrarno · Santa Croce · San Marco · Campo di Marte
Plan your move to Budapest
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- Car rentalEconomybookings
- Airport transferKiwitaxi
- Tours & ticketsKlook
- Tours & ticketsTiqets
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Flight compensationAirHelp
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Plan your move to Florence
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsNH Hotels
- Car rentalLocalrent
- Airport transferWelcome Pickups
- Tours & ticketsKlook
- Tours & ticketsTiqets
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Flight compensationAirHelp
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? Frequently asked questions
Moving from Budapest to Florence: cheaper or more expensive?
Moving from Budapest to Florence, your cost of living will be roughly 46% more expensive. Florence’s cost-of-living index is 98 versus 67 for Budapest (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Budapest cheaper than Florence?
Florence is about 46% more expensive than Budapest overall — its cost-of-living index is 98 versus 67 for Budapest.
How much do you need to earn in Florence to live like in Budapest?
To keep the same standard of living, a $75,000 salary in Budapest is worth about $109,311 in Florence. Enter your own figure in the calculator above.
Which has lower taxes, Budapest or Florence?
Hungary has the lower top income-tax rate — 15% versus 43% in Italy.
◷ More comparisons from Budapest
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.