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If you've ever considered moving to Italy, one of the first questions that likely crossed your mind is, "What is the cost of living in Italy?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Italy and whether the reported $1962 per month figure aligns with the average monthly salary of $1394.88.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
14.33 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
57.3 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
7.64 $ |
|
Domestic Beer (1 pint draught) |
4.78 $ |
|
Imported Beer (12 oz small bottle) |
3.82 $ |
|
Cappuccino (regular) |
1.4 $ |
|
Coke/Pepsi (12 oz small bottle) |
2.12 $ |
|
Water (12 oz small bottle) |
1.02 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
1.13 $ |
|
Loaf of Fresh White Bread (1 lb) |
1.55 $ |
|
Rice (white), (1 lb) |
1.89 $ |
|
Eggs (regular) (12) |
2.72 $ |
|
Local Cheese (1 lb) |
11.94 $ |
|
Chicken Fillets (1 lb) |
8.44 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
14.32 $ |
|
Apples (1 lb) |
1.8 $ |
|
Banana (1 lb) |
1.58 $ |
|
Oranges (1 lb) |
1.77 $ |
|
Tomato (1 lb) |
2.27 $ |
|
Potato (1 lb) |
1.22 $ |
|
Onion (1 lb) |
1.26 $ |
|
Lettuce (1 head) |
1.02 $ |
|
Water (1.5 liter bottle) |
0.4 $ |
|
Bottle of Wine (Mid-Range) |
5.25 $ |
|
Domestic Beer (0.5 liter bottle) |
1.33 $ |
|
Imported Beer (12 oz small bottle) |
1.86 $ |
|
Cigarettes 20 Pack (Marlboro) |
5.54 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
1.43 $ |
|
Monthly Pass (Regular Price) |
33.43 $ |
|
Taxi Start (Normal Tariff) |
4.78 $ |
|
Taxi 1 mile (Normal Tariff) |
1.22 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
25.79 $ |
|
Gasoline (1 gallon) |
1.99 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
22444.25 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24094.96 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
165.5 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.16 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
27.07 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
44.08 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
18.27 $ |
|
Cinema, International Release, 1 Seat |
8.6 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
431.37 $ |
|
International Primary School, Yearly for 1 Child |
9060.33 $ |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
72.03 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
30.29 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
78.88 $ |
|
1 Pair of Men Leather Business Shoes |
102.88 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
635.97 $ |
|
Apartment (1 bedroom) Outside of Centre |
492.23 $ |
|
Apartment (3 bedrooms) in City Centre |
1235.68 $ |
|
Apartment (3 bedrooms) Outside of Centre |
875.35 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
3809.64 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
2091.3 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
1394.88 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
1.74 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 14.33 USD, while a three-course dinner for two at a mid-range restaurant generally costs 57.3 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 1.13 USD, a loaf of bread 1.55 USD, and a dozen eggs approximately 2.72 USD.
Public transport is relatively affordable, with a single trip priced at about 1.43 USD and a monthly pass around 33.43 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 165.5 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 44.08 USD, while an hour on a tennis court on weekends costs about 18.27 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 431.37 USD. For international schooling options, annual tuition can reach approximately 9060.33 USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 72.03 USD, and mid-range Nike sneakers are priced around 78.88 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 635.97 USD per month, while one outside the center costs around 492.23 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 3809.64 USD, while in the suburbs, it's closer to 2091.3 USD.
The average monthly net salary here is about 1394.88 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 1.74% annually.
Italy
Italy is ranked 34th on the list of world's safest countries, and since it's filled with tourists all the time, you should feel safe traveling here.
Public transportation and taxis are normally safe in Italy, so there is no need to avoid them.
Since Italy is a very attractive and popular tourist destination, there is, naturally, a high risk of pickpocketing. You should keep your valuables in a safe place, make sure nothing of value is in your back pockets, and never keep all your money in the same place.
Some of the worst natural disasters that could strike Italy are avalanches, though it is somewhat improbable they will.White Friday is the name given to the day when one of the worst avalanches in Italian history happened, during World War I, killing 270 people.
Italy is relatively safe when it comes to mugging and kidnapping, and such cases rarely happen, even more so to tourists, but do pay attention to your surroundings.
It is best to stay alert and aware of your surroundings in Italy, since its neighbors, France and Belgium, have been victims of terrorist attacks. However, Italy hasn't suffered from such occurrences.
When a country is a top tourist destination, you should expect people trying to take advantage of it. This rule applies to Italy too, where scammers will likely try to take advantage of tourists and rip them off whenever they can, mostly in large, popular cities and landmark areas. Be on the lookout for anyone trying to distract you, help you with your luggage or groups of people acting strange.
Italy, like other popular European destinations, is very safe for women travelers.
Visa is not required for any stays shorter than 90 days, and members of the EU (Schengen) can stay in Italy for as long as they like. Be sure that your passport is valid for at least six months from your planned date of return to the country you're visiting. However, if you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Currency in Italy is the euro, like in most popular European destinations. Although it is cheaper than other European countries, sightseeing and visiting all the remarkable landmarks can add up to a high budget. Take into account that you'll need about 70€ per day, including accommodation.
The weather in Italy is warm and dry; it is absolutely gorgeous in the summer, with a Mediterranean climate calling to tourists all June through September, which is the time when it is best to visit Italy, although you can visit the big cities all year long, and still be amazed.
The busiest airports are in Italy's capital Rome (Leonardo da Vinci International Airport), Milan (Malpensa International Airport, Linate Airport, and Bergamo Orio Al Serio), Naples (Naples International Airport), Bologna (Bologna Guglielmo Marconi Airport), Pisa (Pisa International Airport) and Venice (Venice Marco Polo Airport).
Just like anywhere else, we recommend getting travel insurance when traveling to Italy, since it covers not only the costs of medical problems but also theft and loss of valuables.