Cost Comparison 2025

FlorencevsMelbourne

Italy
Australia

Overall

πŸ’°

+21.4%

Florence is 21.4%more expensive

Rent

🏠

+62.5%

Housing is 62.5% higher

Dining

🍽️

+21.4%

Restaurants 21.4% pricier

Groceries

πŸ›’

+17.6%

Food shopping 17.6% more

Comparing the cost of living between Florence, Italy and Melbourne, Australia reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Florence is more expensive than Melbourne by approximately 21.4%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Florence are lower than in Melbourne by 38%. A one-bedroom apartment in Florence's city center costs around €1,200, while the same in Melbourne is approximately A$2,200.

Dining out in Florence offers significant savings compared to Melbourne. An inexpensive restaurant meal costs €15 in Florence versus A$20 in Melbourne.

Public transportation in Florence is more affordable, with monthly passes at €35 compared to A$170 in Melbourne.

Purchasing power in Melbourne is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Florence.

Grocery shopping in Florence is more affordable by approximately 15%. Basic items like milk, bread, and eggs show lower prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Florence can expect to spend approximately €468 per month (excluding rent), while in Melbourne, the same lifestyle would cost around A$786. For families, these figures increase significantly, with a family of four requiring about €1,639 monthly in Florence versus A$2,750 in Melbourne. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Florence, Italy
Melbourne, Australia

🏠 Housing Costs (Monthly Rent)

1BR City Center
€1,200
A$2,200
1BR Outside Center
€800
A$1,700
3BR City Center
€2,200
A$4,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
€15
A$20
Meal for 2, Mid-range Restaurant
€60
A$110
Cappuccino
€2
A$5
Domestic Beer (0.5L)
€5
A$10

πŸ›’ Groceries

Milk (1L)
€2
A$2
Bread (500g)
€2
A$3
Eggs (12)
€3
A$5
Cheese (1kg)
€15
A$11

🚌 Transportation

One-way Ticket
€2
A$5
Monthly Pass
€35
A$170
Taxi Start
€5
A$5
Gasoline (1L)
€2
A$2

πŸ’‘ Utilities & Internet

Basic Utilities (85mΒ²)
€150
A$180
Internet (60 Mbps)
€30
A$75
Mobile Minute
€0
A$0

Tips for Moving Between Cities

For those considering a move from Florence to Melbourne, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Melbourne to Florence requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Florence

Cost of Living Index70
Rent Index40
Purchasing Power Index70

Melbourne

Cost of Living Index85
Rent Index65
Purchasing Power Index100

Frequently Asked Questions

Is Florence more expensive than Melbourne?

Yes, Florence is approximately 21.4% more expensive than Melbourne overall. The biggest differences are in housing and restaurant prices.

How much salary do I need in Florence compared to Melbourne?

To maintain the same standard of living, you would need approximately 1.2x of your Melbourne salary when living in Florence. For example, if you earn $50,000 in Melbourne, you'd need about $60,714 in Florence for a comparable lifestyle.

What are the biggest cost differences between Florence and Melbourne?

The most significant cost difference is in housing. Rent prices differ by approximately 38%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Melbourne offers better purchasing power, making it more attractive for those earning in strong currencies. However, Melbourne provides lower living costs, which benefits budget-conscious travelers. Consider Florence if you prioritize cultural experiences, or Melbourne for better value.

What's a reasonable monthly budget for Florence vs Melbourne?

In Florence, a single person needs approximately €1,268 per month (including rent), while a family of four requires about €3,139. In Melbourne, these figures are A$2,486 for singles and A$5,550 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Florence and Melbourne in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Melbourne to maintain your lifestyle from Florence

Calculate Salary Equivalence

Last updated: 2025-01-28 β€’ Data sourced from multiple providers