Hostname: page-component-77f85d65b8-lfk5g Total loading time: 0 Render date: 2026-04-19T18:10:30.998Z Has data issue: false hasContentIssue false

The cost of living in early modern cities: a study on eighteenth-century northern Italy

Published online by Cambridge University Press:  27 July 2023

Luca Mocarelli
Affiliation:
Department of Economics, Management and Statistics, University of Milano-Bicocca, Milan, Italy
Giulio Ongaro*
Affiliation:
Department of Economics, Management and Statistics, University of Milano-Bicocca, Milan, Italy
Laura Prosperi
Affiliation:
Department of Economics, Management and Statistics, University of Milano-Bicocca, Milan, Italy
*
Corresponding author: Giulio Ongaro; Email: giulio.ongaro@unimib.it
Rights & Permissions [Opens in a new window]

Abstract

This study estimates the cost of living in three cities – Florence, Bologna and Milan – in eighteenth-century northern Italy. Although they do not allow an understanding of the differences between social groups or seasonal consumption patterns, the calculation of living costs and the implied modelling have a twofold aim. First, they allow the calculation of real wages, which are obtained by dividing nominal wages by the cost of a consumption basket; therefore, broadly, they allow the Italian case to be put into great debates of economic history, such as the one on the Little Divergence between northern and southern Europe at the end of the early modern period. In this regard, we will show that the existing calculations used for this purpose have many criticalities, and we will solve them. Second, determining the cost of consumption baskets allows us to observe the role played by urban public institutions in mediating between the market and consumers, with relevant effects on price trends and, therefore, on the purchasing power of the urban population.

Information

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BY
This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (http://creativecommons.org/licenses/by/4.0), which permits unrestricted re-use, distribution and reproduction, provided the original article is properly cited.
Copyright
© The Author(s), 2023. Published by Cambridge University Press
Figure 0

Table 1. Malanima’s CB for central-northern Italy (1300–1850)

Figure 1

Table 2. Rota–Weisdorf’s CB for Rome (1540–1820)

Figure 2

Table 3. Consumption of foodstuffs in urban Bologna (yearly average, 1787–96)

Figure 3

Figure 1. Yearly cost of the CBs (silver grams).Sources: For Bologna, Milan and Florence, see supplementary material: Appendix B. For northern Italy, see Malanima, ‘When did England overtake Italy?’, 68–70.

Figure 4

Figure 2. Costs of Malanima’s CB and dynamic CBs for Bologna, Milan and Florence (in silver grams, 1700–95).Sources: For Bologna, Milan and Florence, see supplementary material: Appendix B. For northern Italy, see Malanima, ‘When did England overtake Italy?’, 68–70

Supplementary material: File

Mocarelli et al. supplementary material

Mocarelli et al. supplementary material 1

Download Mocarelli et al. supplementary material(File)
File 34.3 KB
Supplementary material: File

Mocarelli et al. supplementary material

Mocarelli et al. supplementary material 2

Download Mocarelli et al. supplementary material(File)
File 54.1 KB