In 2026, affordability in Italy is found primarily in the South (Mezzogiorno) and in less-touristed inland regions. Cities like Palermo and Catania in Sicily, or Bari and Lecce in Puglia, offer a significantly lower cost of living than Northern hubs like Milan or Venice. In the region of Calabria, towns like Cosenza are noted for extremely low rents and authentic lifestyles. For those looking for "Old World" charm at a discount, the Abruzzo and Molise regions provide mountainous landscapes and medieval villages at a fraction of the price of Tuscany. Even in the North, smaller cities like Padua or Ferrara are more affordable alternatives to their famous neighbors. Many "Smart Working" digital nomads have moved to these areas to take advantage of Italy's "South Working" initiatives, which offer tax breaks and high-speed internet in historically underpopulated but culturally rich southern towns.