Cost of living in Verona
Verona, a city renowned for its historical significance and cultural heritage, offers a unique living experience in Italy. Understanding the cost of living in Verona is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of the expenses associated with living in Verona, 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 $16.86 on average, with a range between $15.8 and $26.34.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $73.76, with prices ranging from $63.22 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 $5.27 to $6.32, imported beer $3.16 to $6.32, cappuccino $1.26 to $2.63, and Coke/Pepsi $2.63 to $3.69.
Grocery Prices
- Milk - Milk is priced between $1.05 and $2.11 per liter, averaging $1.35.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.32 and $3.16, with an average price of $2.22.
- Eggs (Dozen) - A dozen eggs range from $1.9 to $4.64, averaging $3.46.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.03 to $3.16 per kg, while oranges range from $1.26 to $4.21 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.63 and $2.11 per kg, and lettuce costs $0.52 to $2.11 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 $37.93 and $73.76.
- Fuel (Gasoline) - Gasoline is priced between $1.84 and $2 per liter.
- Taxi Fares - Taxi fares start at $3.69, with a cost of $1.02 to $2.63 per km and $27.18 to $31.61 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $737.56 to $1053.66, averaging $886.83.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $526.83 to $790.25, averaging $608.78.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1264.4 to $2634.16, averaging $1738.55.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $842.93 to $1264.4, averaging $1066.83.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $4214.66 to $9482.98, averaging $6190.28.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1580.5 to $3160.99, averaging $2195.13.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $126.44 and $210.73, averaging $172.1.
- Internet - Internet services range from $25.29 to $33.72, with an average cost of $28.18.
Cost of Living Rankings
Verona ranks 4th 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
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Verona offers a relatively affordable cost of living compared to other major Italian cities, especially in terms of housing and dining.
Transportation costs are moderate, with public transport being a cost-effective option for daily commuting.
Grocery prices are reasonable, though some imported goods may be more expensive.
Utilities and internet services are competitively priced, contributing to a balanced monthly budget.
Conclusion
In conclusion, Verona presents a balanced cost of living that appeals to both locals and expatriates. The city combines historical charm with modern amenities, making it an attractive place to live.
Potential residents should consider the moderate housing costs and reasonable dining expenses as key factors in their decision-making process. Overall, Verona offers a quality lifestyle with manageable expenses.