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Florence vs Milan cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money · Updated September 2026
🇮🇹 Florence
🇮🇹 MilanFlorence is 7% cheaper than Milan
Living on $4,997 a month in Florence feels like about $5,915 in Milan — same standard of living, compared by feel rather than exchange rate.
Per day
$324 vs $312
Per month
$4,997 vs $5,915
Local meal
€ 15 vs € 14
$17.4 vs $16.3
Taxi 5 km
€ 15 vs € 13
$17.4 vs $15.1
At a glance
FoodMilan 7% cheaper
Cafés & drinksFlorence 13% cheaper
Transportsimilar
StayFlorence 15% cheaper
FunMilan 12% cheaper
- Where Milan is clearly cheaper: Entry ticket (25%↓)
- Where Florence is clearly cheaper: Studio rent (month) (27%↓), Cocktail & wine (19%↓), Beer (17%↓)
Item by item
| Item | Florence | Milan | Cheaper |
|---|---|---|---|
| Local mealper person | € 15$17.4 | € 14$16.3 | Milan −7% |
| Street food1 item | € 6.8$7.91 | € 6.3$7.33 | Milan −7% |
| Restaurant dinnerper person | € 35$40.7 | € 33$38.4 | Milan −6% |
| Coffeeone cup | € 1.5$1.74 | € 1.5$1.74 | similar |
| Beerone bottle | € 5$5.81 | € 6$6.98 | Florence −17% |
| Cocktail & wineone cup | € 13$15.1 | € 16$18.6 | Florence −19% |
| Bottled water | € 1.5$1.74 | € 1.5$1.74 | similar |
| Convenience store1 snack or drink | € 3.8$4.42 | € 3.8$4.42 | similar |
| Taxi5 km in town | € 15$17.4 | € 13$15.1 | Milan −13% |
| Tuk-tuk / moto taxishort hop | € 8.5$9.88 | € 8.5$9.88 | similar |
| Transitone ride | € 1.7$1.98 | € 2$2.33 | Florence −15% |
| Scooter rentalper day | € 35$40.7 | € 30$34.9 | Milan −14% |
| Hotel night3-star | € 150$174 | € 150$174 | similar |
| Studio rent (month) | € 1,100$1,279 | € 1,500$1,744 | Florence −27% |
| Laundry | € 4$4.65 | € 3.5$4.07 | Milan −12% |
| SIM card1 week data | € 13$15.1 | € 13$15.1 | similar |
| Haircutcut | € 19$22.1 | € 18$20.9 | Milan −5% |
| Massage1 hour | € 55$64 | € 52$60.5 | Milan −5% |
| Half-day tourper person | € 55$64 | € 52$60.5 | Milan −5% |
| Entry ticketTourist town | € 20$23.3 | € 15$17.4 | Milan −25% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Florence or Milan?
Florence is 7% cheaper than Milan. Daily budget $324 vs $312; a month $4,997 vs $5,915.
How do monthly costs compare between Florence and Milan?
With a short-term studio and living costs, Florence is about $4,997 and Milan about $5,915 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.