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Florence vs Medellín

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 Medellín, CO at a glance — Medellín, CO is 50% cheaper than Florence, IT overall. Median 1-bed rent runs about $550/mo versus $900/mo. Top income tax: 39% vs 43%.

$/ year

To keep the same standard of living in Medellín, CO, you'd need

$37,637 / year

Medellín, CO is 50% cheaper overall

Category breakdown (Medellín, CO vs Florence, IT)

  • Housing-56%
  • Food & groceries-54%
  • Transport-49%
  • Utilities-53%
  • Healthcare-31%
  • Goods & services-45%

How Florence, IT and Medellín, CO compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Florence, ITMedellín, CO

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

Full comparison

Florence, ITMedellín, CO
Cost of living
Overall cost index9849
Housing9542
Food10448
Transport7840
Utilities11855
Healthcare8055
Goods & services10658
Housing
Rent, 1-bed centre$900/mo$550/mo
Rent, 1-bed outside$680/mo$350/mo
Rent, 3-bed centre$1,700/mo$1,100/mo
Buy price / m² centre$4,800$1,800
Money & purchasing power
$1,000 goes as far as$1,018$2,029
Inexpensive meal$15$5
Monthly transit pass$40$40
Taxes
Income tax (top rate)43%39%
VAT / sales tax22%19%
Corporate tax24%35%
Capital gains26%
Economy & salaries
Avg net salary$1,900/mo$450/mo
Minimum wage$330/mo
GDP per capita$43,309$6,976
Inflation (annual)1.5%5.2%
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateLow
Coworking spaces1840
Time zoneUTC+1UTC-5
Quality of life
Safety index6048
Healthcare index8070
Pollution index4855
Internet speed120 Mbps80 Mbps
Walkability8455
Public transport6868
Family-friendly6658
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr74 yr
LGBTQ+ acceptanceModerateHigh
Climate
January avg+7 °C+22 °C
July avg+26 °C+22 °C
Sunny days / year240200
Rainfall / year830 mm1,600 mm
Connectivity
Flight to nearest hub1 h1.5 h

Taxes & Economy & salaries: Italy vs Colombia. 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 Medellín

A dramatic turnaround story with a year-round spring climate and a modern metro. El Poblado and Laureles anchor a booming nomad scene; costs are low and healthcare excellent, but safety still varies sharply by neighbourhood.

Currency
Colombian peso ($ COP)
Languages
Spanish
Time zone
UTC-5
Internet
80 Mbps
English
Rarely spoken
Safety
48/100
Climate
❄ 22°C · ☀ 22°C · 200 sunny days/yr
Tap water
Safe to drink
Power
A/B · 110V
Driving
Right-hand side
Popular areas
El Poblado · Laureles · Envigado · Belén

? Frequently asked questions

Moving from Florence to Medellín: cheaper or more expensive?

Moving from Florence to Medellín, your cost of living will be roughly 50% cheaper. Medellín’s cost-of-living index is 49 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 Medellín?

Medellín is about 50% cheaper than Florence overall — its cost-of-living index is 49 versus 98 for Florence.

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

To keep the same standard of living, a $75,000 salary in Florence is worth about $37,637 in Medellín. Enter your own figure in the calculator above.

Which has lower taxes, Florence or Medellín?

Colombia has the lower top income-tax rate — 39% versus 43% in Italy.

More comparisons from Florence

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