Economic Indicators

GDP per Capita (PPP)$62,014 (2024)
Inflation Rate1.0% (2024)
Health Spend per Capita$3,398 (2024)
Out-of-Pocket Health Spend22.3% (2024)
Education Spend (% GDP)4.1% (2022)
Source: World Bank Open Data

The cost of living in Turin, Italy, is generally considered to be moderate, with daily expenses ranging from $60-150 USD per person for a mid-range experience.

Quick Facts

Cost LevelModerate
Daily Budget (Backpacker)$40-80 USD
Daily Budget (Mid-Range)$80-150 USD
Daily Budget (Comfort)$150-250 USD
CurrencyEUR
Tipping Customexpected (5-10%)

How Expensive Is Turin?

Turin, a city in northwest Italy, is known for its rich history, cultural attractions, and vibrant atmosphere. Compared to other major European cities, Turin is relatively affordable, with a cost of living that is lower than in cities like Rome, Florence, or Venice. However, prices in Turin can be higher than in other parts of Italy, particularly when it comes to accommodation and food. Overall, Turin offers a great balance between quality of life and affordability, making it an attractive destination for tourists and expats alike. The city's moderate cost of living is also influenced by its proximity to the French and Swiss borders, which can affect prices for certain goods and services.

In terms of global averages, Turin's cost of living is higher than in many other cities around the world, particularly in Asia and South America. However, compared to other Western European cities, Turin is relatively affordable, with prices that are similar to those found in cities like Barcelona, Spain, or Lisbon, Portugal. This makes Turin an attractive destination for travelers and expats who are looking for a high quality of life without breaking the bank.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$20-40shared rooms, basic amenities
Mid-Range Hotel$80-1503-star hotel, comfortable rooms
Luxury/Resort$200-3005-star hotel, high-end amenities
Apartment Rent (monthly)$600-1,200city center, 1-bedroom apartment

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$5-10
Casual Restaurant$15-25
Mid-Range Restaurant (2 people)$40-60
Fine Dining$80-120
Beer (local)$5-7
Coffee$2-4
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$1.50-2.50
Taxi (per km)$2-3
Domestic flight$100-200
Fuel (per liter)$1.50-2.50

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent6001,0001,500
Food300500800
Transport100150200
Utilities100150200
Entertainment200300500
Total1,3002,1003,200

Money-Saving Tips

  • Consider staying in a hostel or budget hotel to save on accommodation costs.
  • Eat at local trattorias or street food stalls to enjoy affordable and delicious meals.
  • Use public transportation instead of taxis to get around the city.
  • Take advantage of free walking tours or visit museums on free admission days.
  • Shop at local markets or supermarkets to buy groceries and souvenirs at lower prices.
  • Avoid visiting during peak tourist season (June-August) to avoid higher prices and crowds.