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Chicago 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.

Chicago, IL vs Florence, IT at a glance — Florence, IT is 4% cheaper than Chicago, IL overall. Median 1-bed rent runs about $900/mo versus $1,900/mo. Top income tax: 43% vs 37%.

$/ year

To keep the same standard of living in Florence, IT, you'd need

$71,707 / year

Florence, IT is 4% cheaper overall

Category breakdown (Florence, IT vs Chicago, IL)

  • Housing-18%
  • Food & groceries+9%
  • Transport-23%
  • Utilities+31%
  • Healthcare-18%
  • Goods & services+8%

How Chicago, IL and Florence, IT compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Chicago, ILFlorence, IT

Index vs the US average — the line marks 100. Lower is cheaper.

Full comparison

Chicago, ILFlorence, IT
Cost of living
Overall cost index10398
Housing11695
Food95104
Transport10178
Utilities90118
Healthcare9880
Goods & services98106
Housing
Rent, 1-bed centre$1,900/mo$900/mo
Rent, 1-bed outside$1,450/mo$680/mo
Rent, 3-bed centre$3,600/mo$1,700/mo
Buy price / m² centre$5,500$4,800
Money & purchasing power
$1,000 goes as far as$973$1,018
Inexpensive meal$18$15
Monthly transit pass$105$40
Taxes
Income tax (top rate)37%43%
VAT / sales tax0%22%
Social security (employee)7.7%
Corporate tax21%24%
Capital gains20%26%
Economy & salaries
Avg net salary$4,300/mo$1,900/mo
Minimum wage$1,257/mo
GDP per capita$90,027$43,309
Inflation (annual)1.5%
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeModerate
Coworking spaces9018
Time zoneUTC-6UTC+1
Quality of life
Safety index4860
Healthcare index8080
Pollution index4548
Internet speed200 Mbps120 Mbps
Walkability7884
Public transport7868
Family-friendly6066
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo
Life expectancy79 yr84 yr
LGBTQ+ acceptanceHighModerate
Climate
January avg-4 °C+7 °C
July avg+24 °C+26 °C
Sunny days / year189240
Rainfall / year950 mm830 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: United States 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 Chicago

Big-city amenities and architecture at Midwest prices — the winters, though, are famously brutal.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-6
Internet
200 Mbps
English
Native language
Safety
48/100
Climate
❄ -4°C · ☀ 24°C · 189 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Loop · Wicker Park · Lincoln Park

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

? Frequently asked questions

Moving from Chicago to Florence: cheaper or more expensive?

Moving from Chicago to Florence, your cost of living will be roughly 4% cheaper. Florence’s cost-of-living index is 98 versus 103 for Chicago (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Chicago cheaper than Florence?

Florence is about 4% cheaper than Chicago overall — its cost-of-living index is 98 versus 103 for Chicago.

How much do you need to earn in Florence to live like in Chicago?

To keep the same standard of living, a $75,000 salary in Chicago is worth about $71,707 in Florence. Enter your own figure in the calculator above.

Which has lower taxes, Chicago or Florence?

United States has the lower top income-tax rate — 37% versus 43% in Italy.

More comparisons from Chicago

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.