Data last updated: August 2026

Lisbon, PortugalFlorence, Italy

You would need around 7.6% less money in Florence, Italy to maintain the same standard of living you have in Lisbon, Portugal.

Overall Cost of Living

7.6%

Florence, Italy is cheaper than Lisbon, Portugal

1-Bed Rent (City Center)

City A1,649 USD
City B1,465 USD
Difference-11.2%

Groceries (Monthly)

City A296 USD
City B315 USD
Difference+6.4%

Average Net Salary

City A1,605 USD
City B2,085 USD
Difference+29.9%

Editorial Insight: Swapping Lisbon, Portugal for Florence, Italy? Financially, our models show this is an incredibly smooth transition. The overall cost of living is statistically comparable, with only a 7.6% difference. Because your purchasing power remains largely unchanged, the Remote Wealth team suggests focusing your relocation decisions strictly on lifestyle factors—such as climate, culture, and visa logistics—rather than budget constraints.

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Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Lisbon, Portugal and Florence, Italy is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Florence, Italy to maintain your current lifestyle in Lisbon, Portugal.

USD

You need in Florence, Italy

1,483 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Lisbon, Portugal to Florence, Italy and investing the 8% cost of living difference, you could reach FIRE 1.1 years earlier.

Budget Simulator

Instantly adapt your Lisbon, Portugal budget to local Florence, Italy prices. We automatically adjust housing, groceries, and leisure categories.

Housing1465 USD
Groceries315 USD
Utilities & Internet264 USD

Investment Planner

You save 184 USD every month on rent alone by moving to Florence, Italy.

Investing this rent difference in an S&P 500 index fund could grow to ~30,912 USD in 10 years.