Last update: Oct 2026

Cost of Living Comparison Between London and Florence

For one person, living is cheaper in Florence: $2,395 a month against $4,086 in London, rent and utilities included – about $20,300 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
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London Living Index
118

Cost of Living Index in Florence
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Florence Living Index

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London

🇬🇧 United Kingdom

$4,086

/mo nomad

Florence

🇮🇹 Italy

$2,395

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Florence

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in London and in Florence actually costs, broken down by who's living it.

A single person spends $4,086 per month in London vs $2,395 in Florence, rent included.

London $4,086
Florence $2,395

A couple spends around $5,816 per month in London vs $3,671 in Florence, rent included.

London $5,816
Florence $3,671

A family of three spends $7,546 per month in London vs $4,947 in Florence, rent included.

London $7,546
Florence $4,947

London costs about 71% more than Florence, and outside of rent the biggest gap is in transport.

Both London and Florence sit above the global median – London by 205%, Florence by 79%.

Meal at Budget Restaurant

$26.62 £20.11

$27.37 €24.43

-2.74%

Three-Course Dinner for Two, Mid-Range

$108 £81.3

$77.3 €69.0

39.20%

Fast Food Meal (McDonalds, etc)

$10.39 £7.85

$14.54 €12.98

-28.54%

Cappuccino

$5.79 £4.38

$2.29 €2.04

152.84%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.01 £2.27

$3.20 €2.85

-5.94%

Water (0.33 liter bottle)

$2.15 £1.63

$1.44 €1.29

49.31%

Local Beer (0.5 liter draught)

$9.35 £7.06

$6.64 €5.92

40.81%

Imported Beer (0.33 liter bottle)

$7.84 £5.93

$7.99 €7.13

-1.88%

Milk (1 liter)

$1.79 £1.35

$1.92 €1.72

-6.77%

White Bread (500g)

$2.06 £1.56

$2.55 €2.28

-19.22%

Rice (white) (1kg)

$2.31 £1.74

$2.90 €2.59

-20.34%

Eggs

$5.05 £3.82

$4.82 €4.30

4.77%

Local Cheese (1kg)

$12.57 £9.50

$26.17 €23.36

-51.97%

Chicken Fillets (1kg)

$10.66 £8.05

$12.23 €10.92

-12.84%

Beef Round Steak (1kg)

$17.13 £12.94

$25.48 €22.74

-32.77%

Apples (1kg)

$3.03 £2.29

$2.94 €2.62

3.06%

Banana (1kg)

$1.41 £1.07

$2.63 €2.35

-46.39%

Oranges (1kg)

$3.05 £2.31

$3.35 €2.99

-8.96%

Tomato (1kg)

$3.38 £2.56

$3.32 €2.96

1.81%

Potato (1kg)

$1.67 £1.26

$2.23 €1.99

-25.11%

Onion (1kg)

$1.73 £1.31

$1.86 €1.66

-6.99%

Lettuce (1 head)

$1.41 £1.07

$1.89 €1.68

-25.40%

Water (1.5 liter bottle)

$1.79 £1.35

$0.70 €0.63

155.71%

Cigarettes 20 Pack (Marlboro, Camel)

$23.22 £17.55

$7.47 €6.66

210.84%

Wine (Bottle)

$12.99 £9.82

$7.83 €6.99

65.90%

Local Beer (0.5 liter bottle)

$3.18 £2.40

$2.00 €1.78

59.00%

Imported Beer (0.33 liter bottle)

$4.41 £3.33

$3.13 €2.79

40.89%

One-way Ticket (Public Transport)

$3.87 £2.93

$2.07 €1.85

86.96%

Public Transport Monthly Pass (Regular Price)

$250 £189

$43.27 €38.62

477.88%

Taxi Start (Normal Tariff)

$5.71 £4.31

$3.78 €3.37

51.06%

Taxi (Normal Tariff) (1km)

$3.33 £2.51

$1.26 €1.12

164.29%

Taxi 1hour Waiting (Normal Tariff)

$57.9 £43.76

$30.89 €27.56

87.47%

Gasoline (1 liter)

$2.04 £1.54

$2.09 €1.86

-2.39%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$37.5K £28.4K

$35.9K €32.1K

4.53%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$40.9K £30.9K

$35.3K €31.5K

15.86%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$376 £284

$247 €220

52.51%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.88 £13.51

$11.59 €10.34

54.27%

Internet (50+ Mbps, Unlimited Data)

$40.01 £30.24

$33.90 €30.25

18.02%

Gym Membership (Monthly)

$61.2 £46.22

$64.4 €57.5

-5.00%

Tennis Court (1 Hour on Weekend)

$21.07 £15.93

$20.77 €18.54

1.44%

Cinema Ticket

$17.95 £13.57

$13.02 €11.62

37.86%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,865 £2,165

$745 €665

284.45%

International Primary School, 1 Child (Yearly)

$35.3K £26.7K

$17.0K €15.2K

107.56%

Jeans (Levis 501 Or Similar)

$116 £87.7

$96.5 €86.1

20.24%

Summer Dress (H&M, Zara, etc)

$54.1 £40.87

$38.82 €34.65

39.31%

Sport Shoes (Adidas, Nike)

$127 £95.7

$108 €96.4

17.18%

Men's Leather Business Shoes

$159 £120

$146 €131

8.78%

1-bedroom Apartment, City Center (Monthly)

$2,853 £2,156

$1,570 €1,401

81.70%

1-bedroom Apartment, Outside City Center (Monthly)

$2,301 £1,739

$1,043 €931

120.62%

3-bedroom Apartment, City Center (Monthly)

$5,201 £3,931

$2,766 €2,469

88.02%

3-bedroom Apartment, Outside City Center (Monthly)

$3,723 £2,813

$1,833 €1,635

103.13%

Buy Apartment in City Center (m2)

$19.0K £14.4K

$6,288 €5,612

202.28%

Buy Apartment Outside City Center (m2)

$7,881 £5,955

$3,951 €3,526

99.45%

Average Monthly Net Salary (After Tax)

$4,818 £3,641

$2,005 €1,789

140.28%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.65

3.16

47.15%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for London: October 4, 2026

Last update for Florence: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

London

$2.3K 56.5%

Florence

$1K 42.9% 54.7% $1.3K

Monthly Utilities & Internet

London

$434 10.7%

Florence

$292 12% 32.7% $142

Eating Out

London

$397 9.7%

Florence

$358 14.7% 9.8% $39

Groceries & Markets

London

$349 8.6%

Florence

$411 16.9% 17.5% $61

Getting Around

London

$288 7.1%

Florence

$62 2.5% 78.6% $226

Clothing & Footwear

London

$205 5%

Florence

$175 7.2% 14.5% $30

Sport & Entertainment

London

$97 2.4%

Florence

$90 3.7% 6.9% $6.7

Cost Breakdown

A central one-bedroom costs $2,853 in London versus $1,570 in Florence. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 140% higher in London, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $108 in London versus $77.0 in Florence. Groceries tell a different story – $349 in London vs $411 in Florence – so London wins on supermarket bills even if dining out costs more.

Good to know

🇬🇧 London

🇮🇹 Florence

🕒 Local time

06:10 6:10 AM

07:10 7:10 AM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

382,808

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.32 USD

1 GBP = 1.18 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 10, 2026: 1 USD = 0.756 GBP (1 GBP = 1.32 USD). 1 EUR = 0.848 GBP (1 GBP = 1.18 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to GBP in detail →

On the map

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Highest

Between locations

London Florence 1,210 km ≈ 2 h nonstop flight

From you

London
Florence

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

London vs Florence: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,086 in London, $2,395 in Florence – roughly 71% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $6,129 per month in London and $3,593 in Florence. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Florence, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $4,086 in London and $2,395 in Florence. That's a gap of about 71%.

Public transport costs about 478% less in Florence. For daily commuters, that gap adds up to noticeable savings over a year.

$3,000 is a stretch for both – monthly costs hit $4,086 in London and $2,395 in Florence. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. London has an edge in some lifestyle areas, with costs from $2,395 in Florence to $4,086 in London. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Florence. If higher salaries, better infrastructure, or specific career opportunities are the priority, London makes more sense. Both are solid long-term options with distinct trade-offs.