Cost of Living Comparison Between Milan and Florence 

Indices DifferenceInfo
Consumer Prices in Florence are 9.9% lower than in Milan (without rent)
Consumer Prices Including Rent in Florence are 19.4% lower than in Milan
Rent Prices in Florence are 38.0% lower than in Milan
Restaurant Prices in Florence are 20.1% lower than in Milan
Groceries Prices in Florence are 2.6% lower than in Milan
Local Purchasing Power in Florence is 4.3% higher than in Milan
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Milan Edit Florence Edit Difference
Meal, Inexpensive Restaurant 20.00 € 15.00 €      -25.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 € 65.00 €      -18.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 10.00 €      0.0 %
Domestic Beer (1 pint draught) 6.00 € 5.00 €      -16.7 %
Imported Beer (12 oz small bottle) 5.00 € 4.50 €      -10.0 %
Cappuccino (regular) 1.69 € 1.49 €      -12.2 %
Coke/Pepsi (12 oz small bottle) 2.83 € 2.65 €      -6.3 %
Water (12 oz small bottle) 1.22 € 1.23 €      +0.9 %
Markets
Milan Edit Florence Edit
Milk (regular), (1 gallon) 5.63 € 4.94 €      -12.3 %
Loaf of Fresh White Bread (1 lb) 2.01 € 1.65 €      -18.0 %
Rice (white), (1 lb) 1.28 € 1.09 €      -14.3 %
Eggs (regular) (12) 3.61 € 3.40 €      -5.6 %
Local Cheese (1 lb) 6.47 € 7.30 €      +12.8 %
Chicken Fillets (1 lb) 4.97 € 4.44 €      -10.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.91 € 8.62 €      -3.2 %
Apples (1 lb) 1.05 € 1.24 €      +18.0 %
Banana (1 lb) 0.89 € 0.88 €      -0.8 %
Oranges (1 lb) 1.01 € 1.11 €      +10.7 %
Tomato (1 lb) 1.24 € 1.00 €      -19.2 %
Potato (1 lb) 0.67 € 0.76 €      +12.9 %
Onion (1 lb) 0.54 € 0.68 €      +26.7 %
Lettuce (1 head) 1.17 € 1.31 €      +12.4 %
Water (1.5 liter bottle) 0.48 € 0.58 €      +21.4 %
Bottle of Wine (Mid-Range) 7.00 € 6.00 €      -14.3 %
Domestic Beer (0.5 liter bottle) 1.52 € 1.47 €      -3.0 %
Imported Beer (12 oz small bottle) 1.98 € 2.05 €      +3.4 %
Cigarettes 20 Pack (Marlboro) 6.00 € 6.00 €      0.0 %
Transportation
Milan Edit Florence Edit
One-way Ticket (Local Transport) 2.20 € 1.50 €      -31.8 %
Monthly Pass (Regular Price) 39.00 € 35.00 €      -10.3 %
Taxi Start (Normal Tariff) 6.00 € 4.00 €      -33.3 %
Taxi 1 mile (Normal Tariff) 3.22 € 2.01 €      -37.5 %
Taxi 1hour Waiting (Normal Tariff) 35.00 € 30.00 €      -14.3 %
Gasoline (1 gallon) 7.09 € 7.36 €      +3.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 € 25,000.00 €      0.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,318.42 € 26,166.67 €      -7.6 %
Utilities (Monthly)
Milan Edit Florence Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 201.53 € 198.83 €      -1.3 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.13 € 0.13 €      -0.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.89 € 29.33 €      +5.2 %
Sports And Leisure
Milan Edit Florence Edit
Fitness Club, Monthly Fee for 1 Adult 70.20 € 53.57 €      -23.7 %
Tennis Court Rent (1 Hour on Weekend) 25.96 € 21.25 €      -18.1 %
Cinema, International Release, 1 Seat 10.00 € 10.00 €      0.0 %
Childcare
Milan Edit Florence Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 722.73 € 556.00 €      -23.1 %
International Primary School, Yearly for 1 Child 15,880.55 € 11,025.00 €      -30.6 %
Clothing And Shoes
Milan Edit Florence Edit
1 Pair of Jeans (Levis 501 Or Similar) 90.73 € 72.38 €      -20.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.41 € 36.67 €      +9.8 %
1 Pair of Nike Running Shoes (Mid-Range) 94.79 € 81.75 €      -13.8 %
1 Pair of Men Leather Business Shoes 143.72 € 113.58 €      -21.0 %
Rent Per Month
Milan Edit Florence Edit
Apartment (1 bedroom) in City Centre 1,308.24 € 840.91 €      -35.7 %
Apartment (1 bedroom) Outside of Centre 884.59 € 625.00 €      -29.3 %
Apartment (3 bedrooms) in City Centre 2,707.84 € 1,613.56 €      -40.4 %
Apartment (3 bedrooms) Outside of Centre 1,723.92 € 1,095.00 €      -36.5 %
Buy Apartment Price
Milan Edit Florence Edit
Price per Square Feet to Buy Apartment in City Centre 824.13 € 496.10 €      -39.8 %
Price per Square Feet to Buy Apartment Outside of Centre 421.16 € 312.00 €      -25.9 %
Salaries And Financing
Milan Edit Florence Edit
Average Monthly Net Salary (After Tax) 1,756.83 € 1,477.31 €      -15.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.98 1.75      -11.8 %
Last update: March 2023March 2023
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