Cost of Living Comparison Between New York, NY and Palermo 

Indices DifferenceInfo
Consumer Prices in Palermo are 44.7% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Palermo are 64.7% lower than in New York, NY
Rent Prices in Palermo are 86.1% lower than in New York, NY
Restaurant Prices in Palermo are 51.3% lower than in New York, NY
Groceries Prices in Palermo are 54.8% lower than in New York, NY
Local Purchasing Power in Palermo is 33.8% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Palermo Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(23.22 €)
10.77 $
(10.00 €)
     -56.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(92.87 €)
53.84 $
(50.00 €)
     -46.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(11.14 €)
9.15 $
(8.50 €)
     -23.7 %
Domestic Beer (1 pint draught) 8.00 $
(7.43 €)
4.31 $
(4.00 €)
     -46.2 %
Imported Beer (12 oz small bottle) 10.00 $
(9.29 €)
4.31 $
(4.00 €)
     -56.9 %
Cappuccino (regular) 5.35 $
(4.97 €)
1.70 $
(1.58 €)
     -68.1 %
Coke/Pepsi (12 oz small bottle) 2.71 $
(2.52 €)
1.79 $
(1.67 €)
     -33.8 %
Water (12 oz small bottle) 2.14 $
(1.99 €)
1.08 $
(1.00 €)
     -49.8 %
Markets
New York, NY Edit Palermo Edit
Milk (regular), (1 gallon) 4.72 $
(4.39 €)
3.76 $
(3.49 €)
     -20.5 %
Loaf of Fresh White Bread (1 lb) 3.83 $
(3.56 €)
1.51 $
(1.41 €)
     -60.5 %
Rice (white), (1 lb) 3.69 $
(3.42 €)
0.89 $
(0.82 €)
     -76.0 %
Eggs (regular) (12) 4.75 $
(4.41 €)
2.58 $
(2.40 €)
     -45.6 %
Local Cheese (1 lb) 8.30 $
(7.70 €)
5.92 $
(5.50 €)
     -28.6 %
Chicken Fillets (1 lb) 7.54 $
(7.01 €)
4.12 $
(3.82 €)
     -45.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.93 $
(8.29 €)
5.98 $
(5.56 €)
     -33.0 %
Apples (1 lb) 2.61 $
(2.42 €)
0.98 $
(0.91 €)
     -62.6 %
Banana (1 lb) 1.05 $
(0.97 €)
0.71 $
(0.66 €)
     -31.8 %
Oranges (1 lb) 2.42 $
(2.24 €)
0.58 $
(0.54 €)
     -76.0 %
Tomato (1 lb) 2.85 $
(2.64 €)
1.05 $
(0.97 €)
     -63.3 %
Potato (1 lb) 1.77 $
(1.64 €)
0.49 $
(0.45 €)
     -72.4 %
Onion (1 lb) 1.66 $
(1.54 €)
0.50 $
(0.46 €)
     -70.0 %
Lettuce (1 head) 2.83 $
(2.63 €)
1.21 $
(1.12 €)
     -57.2 %
Water (1.5 liter bottle) 2.44 $
(2.26 €)
0.36 $
(0.34 €)
     -85.2 %
Bottle of Wine (Mid-Range) 17.50 $
(16.25 €)
4.31 $
(4.00 €)
     -75.4 %
Domestic Beer (0.5 liter bottle) 3.12 $
(2.89 €)
1.48 $
(1.37 €)
     -52.6 %
Imported Beer (12 oz small bottle) 3.77 $
(3.50 €)
1.79 $
(1.66 €)
     -52.5 %
Cigarettes 20 Pack (Marlboro) 16.00 $
(14.86 €)
5.92 $
(5.50 €)
     -63.0 %
Transportation
New York, NY Edit Palermo Edit
One-way Ticket (Local Transport) 2.75 $
(2.55 €)
1.56 $
(1.45 €)
     -43.2 %
Monthly Pass (Regular Price) 129.00 $
(119.80 €)
33.92 $
(31.50 €)
     -73.7 %
Taxi Start (Normal Tariff) 4.50 $
(4.18 €)
8.80 $
(8.18 €)
     +95.6 %
Taxi 1 mile (Normal Tariff) 3.00 $
(2.79 €)
1.46 $
(1.35 €)
     -51.5 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(27.86 €)
21.54 $
(20.00 €)
     -28.2 %
Gasoline (1 gallon) 4.14 $
(3.85 €)
8.23 $
(7.64 €)
     +98.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 26,000.00 $
(24,146.12 €)
24,765.88 $
(23,000.00 €)
     -4.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,012.55 $
(22,300.38 €)
23,473.75 $
(21,800.00 €)
     -2.2 %
Utilities (Monthly)
New York, NY Edit Palermo Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.90 $
(157.78 €)
207.16 $
(192.39 €)
     +21.9 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $
(0.10 €)
0.21 $
(0.20 €)
     +103.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.30 $
(64.36 €)
32.00 $
(29.71 €)
     -53.8 %
Sports And Leisure
New York, NY Edit Palermo Edit
Fitness Club, Monthly Fee for 1 Adult 101.77 $
(94.51 €)
38.76 $
(36.00 €)
     -61.9 %
Tennis Court Rent (1 Hour on Weekend) 38.00 $
(35.29 €)
28.00 $
(26.00 €)
     -26.3 %
Cinema, International Release, 1 Seat 18.00 $
(16.72 €)
8.61 $
(8.00 €)
     -52.1 %
Childcare
New York, NY Edit Palermo Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,242.89 $
(2,082.97 €)
309.57 $
(287.50 €)
     -86.2 %
International Primary School, Yearly for 1 Child 40,750.00 $
(37,844.40 €)
6,891.38 $
(6,400.00 €)
     -83.1 %
Clothing And Shoes
New York, NY Edit Palermo Edit
1 Pair of Jeans (Levis 501 Or Similar) 64.94 $
(60.31 €)
74.03 $
(68.75 €)
     +14.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 56.81 $
(52.76 €)
36.92 $
(34.29 €)
     -35.0 %
1 Pair of Nike Running Shoes (Mid-Range) 93.81 $
(87.12 €)
97.45 $
(90.50 €)
     +3.9 %
1 Pair of Men Leather Business Shoes 149.81 $
(139.13 €)
104.45 $
(97.00 €)
     -30.3 %
Rent Per Month
New York, NY Edit Palermo Edit
Apartment (1 bedroom) in City Centre 3,896.96 $
(3,619.10 €)
578.77 $
(537.50 €)
     -85.1 %
Apartment (1 bedroom) Outside of Centre 2,387.84 $
(2,217.58 €)
376.87 $
(350.00 €)
     -84.2 %
Apartment (3 bedrooms) in City Centre 7,157.55 $
(6,647.19 €)
915.26 $
(850.00 €)
     -87.2 %
Apartment (3 bedrooms) Outside of Centre 4,123.09 $
(3,829.10 €)
592.23 $
(550.00 €)
     -85.6 %
Buy Apartment Price
New York, NY Edit Palermo Edit
Price per Square Feet to Buy Apartment in City Centre 1,385.27 $
(1,286.50 €)
170.72 $
(158.55 €)
     -87.7 %
Price per Square Feet to Buy Apartment Outside of Centre 853.09 $
(792.27 €)
135.05 $
(125.42 €)
     -84.2 %
Salaries And Financing
New York, NY Edit Palermo Edit
Average Monthly Net Salary (After Tax) 6,036.22 $
(5,605.82 €)
1,411.77 $
(1,311.11 €)
     -76.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.62 2.18      -61.2 %
Last update: March 2023February 2023
Contributors in the past 12 months:48524