Skyline of Genoa
Cost of Living: 95 560,000

Genoa, Liguria, Italy

A historic port city on the Italian Riviera, birthplace of Christopher Columbus, with a sprawling old town and world-class aquarium.

Updated July 12, 2026
Cost of Living 95

Below Average vs Italy avg (100)

Housing Index 100

Affordable

Median Income €28,000

Household income

Unemployment 8.0%

Job market health

Genoa vs Italy Average

Cost of Living
Genoa: 95
Italy Avg: 100
Housing Index
Genoa: 100
Italy Avg: 100
Income Tax
Genoa: 27%

Taxes

  • Income Tax: 27.0%
  • VAT: 22.0%

Economy & Jobs

  • Median Income: €28,000
  • Unemployment: 8.0%
  • Population: 560,000

Climate

  • Sunny Days: 210/year
  • Summer High: 82°F
  • Winter Low: 40°F

Housing

  • Median Home: €220,000
  • 1BR Rent: €700/mo

Cost of Living

Genoa's cost of living index is 95 (Italy average = 100).

CategoryGenoaNational AverageDifference
Overall95100-5.0%
Housing1001000.0%

Data source: ISTAT / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€220,000
Median Rent (1BR)€700/mo
Median Rent (2BR)€875/mo
Price per Sq Ft€146

Data source: Idealista / Immobiliare.it, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Genoa:

UtilityEstimated Monthly CostNotes
Electricity€95Based on ~3,500 kWh/year typical Italian household usage
Heating & Cooling€36Estimated based on local climate. electric or gas heating
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water€33Includes sewer
Internet (100+ Mbps)€30Broadband average
Garbage / Trash€20Private service
Total Utilities€214Monthly estimate (including heating & cooling)

Data sources: ARERA, Enel, ENI 2025

Best Neighborhoods

Downtown Genoa

The heart of the city with restaurants, shops, and entertainment. Average rent: €840/mo.

Genoa Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: €770/mo.

East Genoa

Up-and-coming neighborhood with new developments and young professionals. Average rent: €630/mo.

West Genoa

Family-friendly area with parks and good schools. Average rent: €665/mo.

Remote Work Score

Genoa scores —/100 for remote work readiness:

Cost of Living
95
Rent
€700
Sunny Days
210
Tax
27%
Unemployment
8.0%
Climate
82°F / 40°F

Climate

Genoa has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January60°F40°F2.5"
April67°F55°F2.8"
July82°F57°F1.5"
October62°F58°F2.2"

Taxes

  • Income Tax: 27%
  • VAT: 22%
  • Property Tax: ~0.76% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 8.0%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Genoa, Liguria, Italy?

The cost of living index in Genoa is 95, which is Lower the Italy national average of 100.

How much does it cost to buy a home in Genoa?

The median home price in Genoa is €220,000. The housing index is 100.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Genoa is approximately €700/mo.

Does Genoa, LIG have income tax?

Genoa is in LIG, which has an income tax rate of 27%.

What is the climate like in Genoa?

Genoa enjoys approximately 210 sunny days per year. Summer highs reach around 82°F, while winter lows can drop to around 40°F.

Data Sources

  • Cost of Living: ISTAT / Numbeo, 2026
  • Housing Data: Idealista / Immobiliare.it, 2026
  • Income & Employment: ISTAT Labour Force Survey, 2024
  • Utilities ARERA, Enel, ENI 2025

Data last updated: July 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.