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Palermo, Italy

Palermo

Italy Below global median · −46.0% (3-bed)
Photo: Roaming Pictures / Unsplash

Palermo is more affordable than most of the dataset. A 3-bedroom home runs about −46.0% versus the global median of $276k.

Median purchase price
1-bedroom $85,000 −39.3% vs global median $140k
2-bedroom $115,000 −41.6% vs global median $197k
3-bedroom $149,000 −46.0% vs global median $276k
Cost of living & rent
Cost of living 55.1 NYC = 100, excl. rent Numbeo Updated Jul 2026 medium confidence
Rent · 1-bed (centre) $759/mo Numbeo Updated Jun 2026 medium confidence
Rent · 3-bed (centre) $1,230/mo Numbeo Updated Jun 2026 medium confidence
Price-to-rent ratio 10.1× years of rent to equal purchase Model estimate Updated Jun 2026 medium confidence
Earnings & affordability
Local purchasing power 78.2 NYC = 100 Numbeo Updated Jul 2026 medium confidence
Income tax (effective)
Income tax · low earner 27.0% effective, on ~$30k gross Public web research Updated Jun 2026 medium confidence
Income tax · mid earner 35.0% effective, on ~$75k gross Public web research Updated Jun 2026 medium confidence
Income tax · high earner 42.0% effective, on ~$150k gross Public web research Updated Jun 2026 medium confidence
Quality of life
Air quality (PM2.5) 11.4 µg/m³ annual mean · WHO guideline 5 Public web research Updated Jun 2026 medium confidence
Source & date. Median home-purchase prices in USD, starter dataset v2026.1 (2026-05). Other metrics carry their own source & date on each card above. Directional figures for comparing markets — not a valuation of any specific property. Methodology →