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Bucharest vs Florence

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Bucharest vs Florence

Bucharest is 57% more affordable for homebuyers. Bucharest has a price-to-income ratio of 6.5x compared to 9.2x in Florence.

MetricBucharestFlorence
Avg Home Price$150,000$350,000
Price / sqm$2,500$4,800
Rent (1BR)$550/mo$800/mo
Rent (3BR)$900/mo$1,400/mo
Price-to-Income6.5x9.2x
Mortgage Rate7.2%3.8%
1yr Change+5.5%+3.2%
Median Income$23,000/yr$38,000/yr
Population1,800,000380,000
BucharestView full details โ†’FlorenceView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Bucharest or Florence more expensive?
Bucharest is more affordable. Home prices differ by $200,000 (57%).
Which city has cheaper rent, Bucharest or Florence?
Rent for a 1BR in Bucharest is $550/mo vs $800/mo in Florence.

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