Question 1

How far does your money go in Ferrara compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 1.5x further in Ferrara. We are using the country-level cost index for Italy here because a defensible city-level aggregate index is not available yet.

Question 2

Is Ferrara cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 39% cheaper than New York City for Ferrara. We are using the country-level cost index for Italy here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Ferrara compare with New York City?

Accepted Answer

Rent are about 80% cheaper than New York City in Ferrara. We are using the country-level cost index for Italy here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Ferrara?

Accepted Answer

Groceries are about 37% cheaper than New York City and restaurant prices are about 35% cheaper than New York City. We are using the country-level cost index for Italy here because a defensible city-level aggregate index is not available yet.

Ferrara, Italy

Purchasing Power vs. United States

How Far Your Money Goes

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