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The cost of living in Florence, Italy is 24% more than the average cost of living in Italy. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

Florence (Italian: Firenze) is the capital and most populous city of the Italian region of Tuscany, with 362,353 inhabitants as of 2025. It is also the capital of the eponymous metropolitan province, which counts 989,460 inhabitants. Florence was a centre of medieval European trade and finance and one of the wealthiest cities of that era. It is considered by many academics to have been the birthplace of the Renaissance, becoming a major artistic, cultural, commercial, political, economic and fi