Cost of living in Rome
Rome, the capital city of Italy, is renowned for its rich history, stunning architecture, and vibrant culture. As a major European city, understanding the cost of living in Rome is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of the cost of living in Rome for 2024, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.8 on average, with a range between $13.7 and $26.34.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $68.49, with prices ranging from $57.95 to $94.83.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.54, with a range between $9.48 and $12.64.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.16 to $7.38, imported beer $3.16 to $6.32, cappuccino $1.26 to $2.11, and Coke/Pepsi $1.58 to $3.16.
Grocery Prices
- Milk - Milk is priced between $1.26 and $2.11 per liter, averaging $1.64.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.37 and $3.16, with an average price of $1.81.
- Eggs (Dozen) - A dozen eggs range from $2.31 to $6.32, averaging $3.93.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.58 to $3.16 per kg, while oranges range from $1.05 to $3.69 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.05 and $2.11 per kg, and lettuce costs $0.94 to $1.69 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.58 and $2.11, with a monthly pass priced between $36.88 and $41.09.
- Fuel (Gasoline) - Gasoline is priced between $1.69 and $2 per liter.
- Taxi Fares - Taxi fares start at $3.69, with a cost of $1.37 to $2.11 per km and $26.34 to $52.68 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1053.66 to $1685.86, averaging $1181.27.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $632.2 to $1053.66, averaging $770.74.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1896.6 to $3160.99, averaging $2225.47.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1159.03 to $1791.23, averaging $1367.57.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $6321.99 to $9482.98, averaging $7102.36.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $3160.99 to $4741.49, averaging $3517.38.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $189.66 and $316.1, averaging $214.75.
- Internet - Internet services range from $25.29 to $36.88, with an average cost of $28.9.
Cost of Living Rankings
Rome ranks 6th on the Cost of Living rankings in Italy. The cost of living indices for Italy are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Italy, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Rome offers a diverse range of dining options, with prices varying significantly between casual and upscale restaurants.
Grocery prices in Rome are relatively moderate, with essential items like milk, bread, and eggs being affordable.
Transportation costs are reasonable, with public transport offering a cost-effective way to navigate the city.
Housing in Rome can be expensive, especially in the city centre, but more affordable options are available outside the centre.
Utilities and internet costs are in line with European averages, providing a balanced cost of living for residents.
Conclusion
In conclusion, the cost of living in Rome is reflective of its status as a major European capital. While housing and dining can be on the higher side, especially in central areas, there are opportunities to manage expenses by choosing more affordable neighborhoods and dining options.
Overall, Rome offers a vibrant lifestyle with a rich cultural backdrop, making it an attractive place to live despite the costs associated with city living.