Florence as Republic

useful link: http://www.gold-eagle.com/editorials_04/wang090104.html useful book: The House of Medici: Its Rise and Fall by Christopher Hibbert

In terms of purchasing power, here is what the florin can buy in about 1430ís:
A "handsome palazzo" can be bought for a thousand florins.
A maidservant costs about ten florins a year.
A man can live very comfortably with an income of 150 florins.
A "cashier" in the Medici bank is paid with forty florins a year.
An "apprentice" in the Medici bank earns twenty florins a year.
The Medici Palace was worth about five thousand florins.

-- MarkCutkosky - 27 May 2005

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