Skyline of Palermo
Cost of Living: 80 635,000

Palermo, Italy

Sicily's vibrant capital, a melting pot of cultures with Norman palaces, Byzantine mosaics, bustling markets, and stunning Mediterranean coastline.

Updated October 4, 2026

Overview

Palermo is a city in Sicily with a population of 635,000. Sicily’s vibrant capital, a melting pot of cultures with Norman palaces, Byzantine mosaics, bustling markets, and stunning Mediterranean coastline. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 6b growing zone supports Cool to mild — apples, pears, berries, many vegetables. A relatively small share of residents hold a bachelor’s degree. The city enjoys abundant sunshine, with about 260 sunny days a year. Reported crime rates are relatively low. The population skews older, with a median age of 47.0.

Last updated: October 04, 2026

Cost of Living 80

Below Average vs Italy Avg (100)

Housing Index 70

Affordable

Median Income €22,000

Household income

Unemployment 20.0%

Job market health

Palermo vs Italy Average

Cost of Living
Palermo: 80
Italy Avg: 100
Housing Index
Palermo: 70
Italy Avg: 100
State Income Tax
Palermo: 27%

Taxes

  • State Income Tax: 27.0%
  • Sales Tax: 22.0%

Economy & Jobs

  • Median Income: €22,000
  • Unemployment: 20.0%
  • Population: 635,000

Climate

  • Sunny Days: 260/year
  • Summer High: 86°F
  • Winter Low: 48°F
  • Farming Zone: USDA Zone 6b

Internet Speed

  • Average 200 Mbps: 80 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: €140,000
  • 1BR Rent: €500/mo

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Cost of Living

Palermo's cost of living index is 80 (Italy average = 100).

CategoryPalermoNational AverageDifference
Overall80100-20.0%
Housing70100-30.0%

Data source: ISTAT / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€140,000
Median Rent (1BR)€500/mo
Median Rent (2BR)€625/mo
Price per Sq Ft€93

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 Palermo:

UtilityEstimated Monthly CostNotes
Electricity€100
Heating & Cooling€14Estimated based on local climate.
Cooling (AC)€2Estimated based on local climate and electricity rates
Water€35Includes sewer
Internet (100+ Mbps)€30Broadband average
Garbage / Trash€20Private service
Total Utilities€201Monthly estimate (including heating & cooling)

Data sources: ARERA, Enel, ENI 2025

Remote Work Score

Palermo scores —/100 for remote work readiness:

Cost of Living
— 80
Rent
— €500
Sunny Days
— 260
Tax
— 27%
Unemployment
— 20.0%
Climate
— 86°F / 48°F
Safety
— 0.6 homicides/100k
Population
— 635,000
Internet Speed
— 80 Mbps

Climate

Palermo has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January68°F48°F2.5"
April71°F63°F2.8"
July86°F61°F1.5"
October66°F66°F2.2"
USDA Zone 6b

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Palermo faces the following natural hazards:

Earthquake High Risk

Active seismic zone with significant earthquake risk.

Volcano High Risk

Active volcanic region including Vesuvius and Etna.

Wildfire High Risk

Mediterranean climate with frequent wildfires.

Landslide High Risk

Mountainous terrain (Alps, Apennines) with landslides.

Heat Wave High Risk

Extreme summer heat.

Avalanche High Risk

Alpine and Apennine regions with avalanches.

Tsunami Moderate Risk

Mediterranean coast with tsunami risk.

Flood Moderate Risk

River flooding and flash floods.

Drought Moderate Risk

Southern Italy experiences periodic droughts.

Tornado Moderate Risk

Italy experiences occasional tornadoes.

Blizzard Moderate Risk

Northern Italy experiences winter storms.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 27%
  • Sales Tax: 22%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 20.0%.

Crime & Safety

Crime rates in Palermo per 100,000 residents:

52.4
Violent Crime
1,783.8
Property Crime
0.6
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: Eurostat

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 1:30 PM
Academic Year September to June
Term System Quadrimestre — First (Sep-Jan), Second (Jan-June)
Summer Break June to September (13 weeks)
Winter Break December to January (2 weeks)
Spring Break Easter week (1 week)

Many schools have afternoon sessions 2-3 days per week. Schedule varies by region.

Universities & Higher Education

1
Universities
#587
Top University Rank
Top-Ranked University University of Palermo

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Palermo is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

EU foreign
0.5%
Foreign
4.1%
Foreign-born
5.0%
National
95.9%
Non-EU foreign
3.6%

Education

Bachelor's degree or higher
19.6%
High school graduate
34.4%
Less than high school
46.0%

Religion

Demographic composition is derived from the Eurostat Urban Audit (city-level). Ethnicity figures are based on nationality / country of birth, as European statistics do not collect race or ethnicity data. Education figures reflect the highest level of education attained by the population aged 25-64.

Data source: Eurostat Urban Audit (2025)

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 Palermo, Italy?

The cost of living index in Palermo is 80, which is Lower the Italy national average of 100.

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

The median home price in Palermo is €140,000. The housing index is 70.

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

The average rent for a 1-bedroom apartment in Palermo is approximately €500/mo.

Does Palermo, SIC have income tax?

Palermo is in SIC, which has an income tax rate of 27%.

What is the climate like in Palermo?

Palermo enjoys approximately 260 sunny days per year. Summer highs reach around 86°F, while winter lows can drop to around 48°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: October 21, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.