Cost of Living: Why Your Dollar goes further in Italy

Cost of Living: Why Your Dollar goes further in Italy - by Piero Lorenzo

Many Americans considering a move to Italy ask, “How far will my money go?” As Piero Lorenzo, founder of Lorenzo International Real Estate, I’ve helped many clients discover that living in Italy can be surprisingly affordable, especially when compared to major U.S. cities. Here’s why your dollar can stretch further in Italy.

1. Housing Costs Compared to U.S. Cities
While prices vary by region, many Italian towns and smaller cities offer housing that is much more affordable than cities like New York, San Francisco, or Los Angeles. Even homes in popular areas like Tuscany or the Amalfi Coast often cost less than equivalent properties in the U.S.
2. Affordable Healthcare
Italy offers a high-quality public healthcare system that is accessible and affordable. Unlike the U.S., where medical costs can be a major expense, Italy’s healthcare provides peace of mind without breaking the bank.
3. Groceries, Dining Out, and Entertainment
Eating well doesn’t have to cost a fortune. Local markets offer fresh produce at reasonable prices, and dining out—even at excellent restaurants—tends to be more affordable than in many American cities.
4. Property Taxes and Maintenance Costs
Property taxes in Italy are generally lower than in the U.S., and maintenance costs can be manageable, especially in smaller towns. This makes owning a home in Italy more sustainable for many American buyers.
Although the cost of living in Italy is often lower, especially outside major cities, it’s important to consider that salaries and job opportunities may also be limited compared to the U.S. For those prioritizing career advancement and income potential, staying in the U.S. might be advantageous. Italy’s affordability shines for retirees or those with independent income sources.

If you want to enjoy a better quality of life where your money goes further, I’m here to help. I’m Piero Lorenzo of Lorenzo International Real Estate, and I specialize in helping Americans buy homes in Italy. Visit www.pierolorenzorealtor.com to start your journey.

​2025 Blog - By Piero Lorenzo