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Greece vs Italy
Compare cost of living, taxes, salaries and visas between Greece and Italy.
| Greece | Italy | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 75 | 106 |
| Taxes | ||
| Income tax (top rate) | 44% | 43% |
| VAT / sales tax | 24% | 22% |
| Corporate tax | 22% | 24% |
| Capital gains | — | 26% |
| Economy & salaries | ||
| Avg net salary | $1,000/mo | $1,900/mo |
| Minimum wage | $850/mo | — |
| GDP per capita | $23,565 | $43,309 |
| Inflation (annual) | 2.6% | 1.5% |
| Life expectancy | 82 yr | 84 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Moderate | Moderate |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Greece cheaper than Italy?
Italy is about 41% more expensive than Greece overall — its cost-of-living index is 106 versus 75 for Greece.
How much do you need to earn in Italy to live like in Greece?
To keep the same standard of living, a $75,000 salary in Greece is worth about $105,700 in Italy. Enter your own figure in the calculator above.
Which has lower taxes, Greece or Italy?
Italy has the lower top income-tax rate — 43% versus 44% in Greece.