CostTrek

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Canada vs Italy

Italy is {pct} {word} than Canada. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Italy to match Canada.

Canada vs Italy at a glance — Italy is 12% cheaper than Canada overall. Average net salary: $1,900/mo vs $3,300/mo. Top income tax: 43% vs 33%.

CanadaItaly
Cost of living
Cost of living index114100
Taxes
Income tax (top rate)33%43%
VAT / sales tax5%22%
Corporate tax26.5%24%
Capital gains—26%
Economy & salaries
Avg net salary$3,300/mo$1,900/mo
Minimum wage$1,900/mo—
GDP per capita$55,698✓$43,309✓
Inflation (annual)2.1%✓1.5%✓
Life expectancy82 yr✓84 yr✓
Quality of life
LGBTQ+ acceptanceHighModerate
Digital-nomad visaYesYes

✓ = official statistics (World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

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? Frequently asked questions

Is Canada cheaper than Italy?

Italy is about 12% cheaper than Canada overall — its cost-of-living index is 100 versus 114 for Canada.

How much do you need to earn in Italy to live like in Canada?

To keep the same standard of living, a $75,000 salary in Canada is worth about $65,742 in Italy. Enter your own figure in the calculator above.

Which has lower taxes, Canada or Italy?

Canada has the lower top income-tax rate — 33% versus 43% in Italy.