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Italy cityscape
CountriesItaly
Italy flag

Italy

Cost of living, salaries, tax rates & quality of life

Cost of Living: 12% cheaper vs United States
Quality of Life: 156/200
5.4 million expats

Italy flagQuick Facts

Key stats and figures for Italy

Capital

Rome

Languages

Italian

Currency

Euro (EUR)

Cost of Living

12% below US

Avg. Salary

€ 21k/yr

Timezone

UTC+1/+2

Population

59 million

Expats

5.4 million

Quality of Life

156/200(Very Good)

Based on Numbeo Quality of Life Index

65
Work-Life
53
Safety
65
Healthcare
54
Air Quality
90
Climate
Good (70+)
Moderate (50-70)
Low (<50)

Cost of Living & Salary Benchmarks

Compare expenses and earning potential across major cities

CityRentGroceriesTransportUtilitiesTotal
Milan€1,477€350€39€223€2,089
Rome€1,200€320€35€200€1,755
Florence€1,000€300€35€180€1,515

Rent based on 1-bedroom apartment in city center. All values in EUR/month.

Tax Rates

Key tax information for Italy

Personal Income Tax

23%-43%

Corporate Tax

24% + 3.9% IRAP

Capital Gains Tax

26%

VAT / Sales Tax

22%

Good to Know

Flat tax regime (€100k) available for new residents

Language & Culture

What to expect when living in Italy

Official Languages

Italian

English Proficiency

Low

Language Requirements

A2 Italian often required for long-term residence

Good to Know

Digital nomad visa may have different language requirements

Popular Visa Pathways to Italy

Before You Go

What You Should Know About Italy

Essential reading for anyone considering the move

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Data Sources

Numbeo Cost of LivingISTAT Demographic IndicatorsNumbeo Quality of LifePayScale ItalyGlassdoor ItalyAgenzia delle Entrate Tax Rates

Last updated: July 2026

Disclaimer: The information on this page is for general guidance only and should not be considered legal or financial advice. Cost of living, salary, and quality of life data are estimates based on third-party sources and may vary. Always verify current information with official government sources before making immigration decisions.

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