Skyline of Modena
Cost of Living: 100 187,000

Modena, Emilia-Romagna, Italy

The heart of Italy's motor valley, home to Ferrari, Lamborghini, and Maserati, plus the world's best balsamic vinegar and tortellini.

Updated July 12, 2026
Cost of Living 100

Below Average vs Italy avg (100)

Housing Index 110

Above Average

Median Income €32,000

Household income

Unemployment 4.5%

Job market health

Modena vs Italy Average

Cost of Living
Modena: 100
Italy Avg: 100
Housing Index
Modena: 110
Italy Avg: 100
Income Tax
Modena: 27%

Taxes

  • Income Tax: 27.0%
  • VAT: 22.0%

Economy & Jobs

  • Median Income: €32,000
  • Unemployment: 4.5%
  • Population: 187,000

Climate

  • Sunny Days: 200/year
  • Summer High: 86°F
  • Winter Low: 32°F

Housing

  • Median Home: €240,000
  • 1BR Rent: €750/mo

Cost of Living

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

CategoryModenaNational AverageDifference
Overall1001000.0%
Housing110100+10.0%

Data source: ISTAT / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€240,000
Median Rent (1BR)€750/mo
Median Rent (2BR)€938/mo
Price per Sq Ft€160

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 Modena:

UtilityEstimated Monthly CostNotes
Electricity€95Based on ~3,500 kWh/year typical Italian household usage
Heating & Cooling€55Estimated based on local climate. electric or gas heating
Cooling (AC)€1Estimated based on local climate and electricity rates
Water€32Includes sewer
Internet (100+ Mbps)€30Broadband average
Garbage / Trash€20Private service
Total Utilities€233Monthly estimate (including heating & cooling)

Data sources: ARERA, Enel, ENI 2025

Best Neighborhoods

Downtown Modena

The heart of the city with restaurants, shops, and entertainment. Average rent: €900/mo.

Modena Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: €825/mo.

East Modena

Up-and-coming neighborhood with new developments and young professionals. Average rent: €675/mo.

West Modena

Family-friendly area with parks and good schools. Average rent: €713/mo.

Remote Work Score

Modena scores —/100 for remote work readiness:

Cost of Living
100
Rent
€750
Sunny Days
200
Tax
27%
Unemployment
4.5%
Climate
86°F / 32°F

Climate

Modena has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January52°F32°F2.5"
April71°F47°F2.8"
July86°F61°F1.5"
October66°F50°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 4.5%.

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 Modena, Emilia-Romagna, Italy?

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

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

The median home price in Modena is €240,000. The housing index is 110.

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

The average rent for a 1-bedroom apartment in Modena is approximately €750/mo.

Does Modena, EMR have income tax?

Modena is in EMR, which has an income tax rate of 27%.

What is the climate like in Modena?

Modena enjoys approximately 200 sunny days per year. Summer highs reach around 86°F, while winter lows can drop to around 32°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.