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Florence vs New York

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 New York, NY at a glance — New York, NY is 15% more expensive than Florence, IT overall. Median 1-bed rent runs about $3,800/mo versus $900/mo. Top income tax: 37% vs 43%.

$/ year

To keep the same standard of living in New York, NY, you'd need

$86,110 / year

New York, NY is 15% more expensive overall

Category breakdown (New York, NY vs Florence, IT)

  • Housing+79%
  • Food & groceries-17%
  • Transport+14%
  • Utilities-33%
  • Healthcare-4%
  • Goods & services-11%

How Florence, IT and New York, NY compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Florence, ITNew York, NY

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

Full comparison

Florence, ITNew York, NY
Cost of living
Overall cost index98113
Housing95170
Food10486
Transport7889
Utilities11879
Healthcare8077
Goods & services10694
Housing
Rent, 1-bed centre$900/mo$3,800/mo
Rent, 1-bed outside$680/mo$2,600/mo
Rent, 3-bed centre$1,700/mo$7,500/mo
Buy price / m² centre$4,800$15,000
Money & purchasing power
$1,000 goes as far as$1,018$887
Inexpensive meal$15$25
Monthly transit pass$40$132
Taxes
Income tax (top rate)43%37%
VAT / sales tax22%0%
Social security (employee)7.7%
Corporate tax24%21%
Capital gains26%20%
Economy & salaries
Avg net salary$1,900/mo$4,300/mo
Minimum wage$1,257/mo
GDP per capita$43,309$90,027
Inflation (annual)1.5%
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyModerateNative
Coworking spaces18200
Time zoneUTC+1UTC-5
Quality of life
Safety index6055
Healthcare index8078
Pollution index4855
Internet speed120 Mbps200 Mbps
Walkability8490
Public transport6885
Family-friendly6655
Tap waterSafe to drinkSafe to drink
Health insurance$500/mo
Life expectancy84 yr79 yr
LGBTQ+ acceptanceModerateHigh
Climate
January avg+7 °C0 °C
July avg+26 °C+25 °C
Sunny days / year240234
Rainfall / year830 mm1,200 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: Italy vs United States. 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 New York

The benchmark against which everywhere else feels cheap. World-class salaries and everything else, offset by the highest rents in the dataset.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-5
Internet
200 Mbps
English
Native language
Safety
55/100
Climate
❄ 0°C · ☀ 25°C · 234 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Manhattan · Brooklyn · Queens

? Frequently asked questions

Moving from Florence to New York: cheaper or more expensive?

Moving from Florence to New York, your cost of living will be roughly 15% more expensive. New York’s cost-of-living index is 113 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 New York?

New York is about 15% more expensive than Florence overall — its cost-of-living index is 113 versus 98 for Florence.

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

To keep the same standard of living, a $75,000 salary in Florence is worth about $86,110 in New York. Enter your own figure in the calculator above.

Which has lower taxes, Florence or New York?

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

More comparisons from Florence

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