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Florence vs Istanbul

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Florence, IT vs Istanbul, TR at a glance — Istanbul, TR is 45% cheaper than Florence, IT overall. Median 1-bed rent runs about $650/mo versus $900/mo. Top income tax: 40% vs 43%.

$/ year

To keep the same standard of living in Istanbul, TR, you'd need

$41,242 / year

Istanbul, TR is 45% cheaper overall

Category breakdown (Istanbul, TR vs Florence, IT)

  • Housing-42%
  • Food & groceries-50%
  • Transport-49%
  • Utilities-49%
  • Healthcare-44%
  • Goods & services-43%

How Florence, IT and Istanbul, TR compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Florence, ITIstanbul, TR

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

Full comparison

Florence, ITIstanbul, TR
Cost of living
Overall cost index9854
Housing9555
Food10452
Transport7840
Utilities11860
Healthcare8045
Goods & services10660
Housing
Rent, 1-bed centre$900/mo$650/mo
Rent, 1-bed outside$680/mo$400/mo
Rent, 3-bed centre$1,700/mo$1,300/mo
Buy price / m² centre$4,800$2,500
Money & purchasing power
$1,000 goes as far as$1,018$1,852
Inexpensive meal$15$6
Monthly transit pass$40$30
Taxes
Income tax (top rate)43%40%
VAT / sales tax22%20%
Social security (employee)15%
Corporate tax24%25%
Capital gains26%
Economy & salaries
Avg net salary$1,900/mo$700/mo
Minimum wage$600/mo
GDP per capita$43,309$15,666
Inflation (annual)1.5%44%
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateModerate
Coworking spaces1850
Time zoneUTC+1UTC+3
Quality of life
Safety index6058
Healthcare index8065
Pollution index4862
Internet speed120 Mbps60 Mbps
Walkability8470
Public transport6872
Family-friendly6660
Tap waterSafe to drinkUse caution
Life expectancy84 yr78 yr
LGBTQ+ acceptanceModerateLow
Climate
January avg+7 °C+6 °C
July avg+26 °C+24 °C
Sunny days / year240190
Rainfall / year830 mm810 mm
Connectivity
Flight to nearest hub1 h3 h

Taxes & Economy & salaries: Italy vs Turkey. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

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

Good to know before you move to Istanbul

The only megacity straddling two continents — 15 million people where Europe meets Asia. Big-city energy, deep history and world-class food at a fraction of Western-European prices, offset by a volatile lira and long cross-Bosphorus commutes.

Currency
Turkish lira (₺ TRY)
Languages
Turkish
Time zone
UTC+3
Internet
60 Mbps
English
Fairly common
Safety
58/100
Climate
❄ 6°C · ☀ 24°C · 190 sunny days/yr
Tap water
Bottled recommended
Power
C/F · 230V
Driving
Right-hand side
Popular areas
Kadıköy · Beşiktaş · Cihangir · Şişli

? Frequently asked questions

Moving from Florence to Istanbul: cheaper or more expensive?

Moving from Florence to Istanbul, your cost of living will be roughly 45% cheaper. Istanbul’s cost-of-living index is 54 versus 98 for Florence (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Florence cheaper than Istanbul?

Istanbul is about 45% cheaper than Florence overall — its cost-of-living index is 54 versus 98 for Florence.

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

To keep the same standard of living, a $75,000 salary in Florence is worth about $41,242 in Istanbul. Enter your own figure in the calculator above.

Which has lower taxes, Florence or Istanbul?

Turkey has the lower top income-tax rate — 40% versus 43% in Italy.

More comparisons from Florence

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