Cost of living in Taranto
Taranto, a coastal city in southern Italy, offers a unique blend of historical charm and modern living. Understanding the cost of living in Taranto is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.80 on average, with a range between $6.32 and $26.34.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $57.95, with prices ranging from $46.36 to $147.51.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.43, with a range between $8.43 and $12.64.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.11 to $7.38, imported beer $3.16 to $6.32, cappuccino $1.05 to $3.16, and Coke/Pepsi $1.26 to $3.16.
Grocery Prices
- Milk - Milk is priced between $1.05 and $2.11 per liter, averaging $1.26.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.05 and $2.11, with an average price of $1.53.
- Eggs (Dozen) - A dozen eggs range from $2.53 to $5.90, averaging $3.37.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.48 to $4.53 per kg, while oranges range from $1.37 to $4.74 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.05 and $3.16 per kg, and lettuce costs $0.84 to $2.75 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.05 and $1.58, with a monthly pass priced between $15.80 and $37.93.
- Fuel (Gasoline) - Gasoline is priced between $1.69 and $2.31 per liter.
- Taxi Fares - Taxi fares start at $5.27, with a cost of $1.58 to $3.16 per km and $18.97 to $60.69 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $368.78 to $474.15, averaging $421.47.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is consistent at $368.78.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $526.83 to $790.25, averaging $658.54.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $474.15 to $579.52, averaging $526.83.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1159.03 to $2107.33, averaging $1510.25.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $948.3 to $1791.23, averaging $1299.52.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $126.88 and $268.68, averaging $206.69.
- Internet - Internet services range from $24.23 to $47.41, with an average cost of $30.28.
Cost of Living Rankings
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
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"Key Takeaways"
Taranto offers a relatively affordable cost of living compared to larger Italian cities. Dining out can be economical, especially at local eateries.
Housing is reasonably priced, with rental costs significantly lower than in major urban centers. Public transportation is also affordable, making it easy to navigate the city without a car.
Grocery prices are moderate, with local produce and staples available at competitive rates. Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Taranto.
Conclusion
In conclusion, Taranto presents a cost-effective living environment with its affordable housing, dining, and transportation options.
The city's moderate grocery and utility prices further enhance its appeal as a desirable place to live in Italy. Whether you're planning a move or an extended stay, Taranto offers a balanced lifestyle with a reasonable cost of living.