Cost of Living: Florence vs Madrid (2026)

Italy vs Spain — relocation comparison

TL;DRFlorence is 12% cheaper on rent ($1316/mo vs $1498/mo). Both are solid options for settling down — the spreadsheet won't save you from this one.
68
Livability Score
🇮🇹 Florence
Italy
Full profile
69
Livability Score
🇪🇸 Madrid
Spain
Full profile
Florence and Madrid are almost suspiciously well-matched. Flip a coin.
💰
Cost of Living
Florence
$182/mo cheaper on rent alone
🗳️
Democracy
Madrid
8.1/10 EIU index
Florence
Metric
Madrid
$1316/mo
🏠
Rent (1BR centre)
$1498/mo
$712/mo
🛒
Living costs (no rent)
$627/mo
$7,759
🧳
Cost to land
$7,448
0.5 / 100k
🔒
Homicides
0.6 / 100k
42 / 100
🚨
Crime perception
lower is better
29 / 100
30°C
☀️
Summer high
31°C
3°C
❄️
Winter low
1°C
46 Mbps
Internet speed
94 Mbps
7.7 / 10
🗳️
Democracy
8.1 / 10
High (62/100)
🗣️
English ease
High (62/100)
$62k
💼
GDP per capita
$58k
1.0%
📈
Inflation
2.8%
68 / 100
🏅
Livability Score
69 / 100
89/100 — Mostly stable
Grid reliability
70/100 — Mostly stable
87/100
🗽
Freedom House
90/100
5 years
📋
Time to PR
5 years

For the Kids

Schools, pediatric care, and whether your children can actually enroll

477
PISA
country avg
477
1
Intl schools
3
Yes (Italian)
Public school
Yes (Spanish)
Free pediatric care for all resident children under 14
Pediatric care
Pediatric coverage included in public system
4–12 weeks public
Specialist wait
4–12 weeks
$789/mo
Childcare
full-day
$720/mo

Sources: OECD PISA 2022 · Wikipedia · Numbeo · official health systems

Settler Essentials

stable
Democracy trend
stable
fashion-leathertourismfood-winefintech
Industries
financeconsultingtechmedia
nascent
Startup ecosystem
hub
89/100
Grid reliability
70/100
5 yrs
Time to PR
5 yrs
Easy
EU visa
Easy
Complex
RU visa
Complex
Easy
UA visa
Moderate
Your partner can also work
Spouse works
Your partner can also work

Sources: EIU · Freedom House · Startup Genome · IEA · official immigration portals

The Short Version

  • Rent is 12% cheaper in Florence ($1316/mo vs $1498/mo for a 1BR city centre).
  • Summers are slightly warmer in Madrid (31°C vs 30°C).

Florence vs Madrid — Common Questions

Is Florence cheaper than Madrid?

Florence is cheaper. A 1-bedroom apartment in city centre costs around $1316/month in Florence vs $1498/month in the other city (Numbeo data).

Which is safer, Florence or Madrid?

Florence is statistically safer based on UNODC homicide data. Florence has a rate of 0.55 per 100,000 and Madrid has 0.61 per 100,000.

Should I move to Florence or Madrid?

Florence and Madrid are almost suspiciously well-matched. Flip a coin. See the full comparison above for rent, safety, internet speed, climate, and democracy scores to decide which city fits your priorities.

Is it easier to get residency in Florence or Madrid?

Florence: Italy Digital Nomad Visa (moderate requirements, 1 year (renewable)). Madrid: Spain Digital Nomad Visa (moderate requirements, 1 year (renewable to 5)). See each city's profile page for full requirements.

Don't agree? Take the quiz and see what fits you.

Factor in your salary, family size, weather preferences, and deal-breakers.