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Colombia vs Italy

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

Colombia vs Italy at a glance — Italy is 103% more expensive than Colombia overall. Average net salary: $1,900/mo vs $450/mo. Top income tax: 43% vs 39%.

ColombiaItaly
Cost of living
Cost of living index49100
Taxes
Income tax (top rate)39%43%
VAT / sales tax19%22%
Corporate tax35%24%
Capital gains—26%
Economy & salaries
Avg net salary$450/mo$1,900/mo
Avg annual wage (OECD, PPP)—$53,864✓
Minimum wage$330/mo—
GDP per capita$6,976✓$43,309✓
Inflation (annual)5.2%✓1.5%✓
Life expectancy74 yr✓84 yr✓
Quality of life
LGBTQ+ acceptanceHighModerate
Digital-nomad visaYesYes

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

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? Frequently asked questions

Is Colombia cheaper than Italy?

Italy is about 103% more expensive than Colombia overall — its cost-of-living index is 100 versus 49 for Colombia.

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

To keep the same standard of living, a $75,000 salary in Colombia is worth about $152,121 in Italy. Enter your own figure in the calculator above.

Which has lower taxes, Colombia or Italy?

Colombia has the lower top income-tax rate — 39% versus 43% in Italy.