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Hungary vs Italy
Compare cost of living, taxes, salaries and visas between Hungary and Italy.
| Hungary | Italy | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 67 | 106 |
| Taxes | ||
| Income tax (top rate) | 15% | 43% |
| VAT / sales tax | 27% | 22% |
| Corporate tax | 9% | 24% |
| Capital gains | โ | 26% |
| Economy & salaries | ||
| Avg net salary | $900/mo | $1,900/mo |
| Minimum wage | $700/mo | โ |
| GDP per capita | $23,320 | $43,309 |
| Inflation (annual) | 3.7% | 1.5% |
| Life expectancy | 77 yr | 84 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | Moderate |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Hungary cheaper than Italy?
Italy is about 57% more expensive than Hungary overall โ its cost-of-living index is 106 versus 67 for Hungary.
How much do you need to earn in Italy to live like in Hungary?
To keep the same standard of living, a $75,000 salary in Hungary is worth about $117,464 in Italy. Enter your own figure in the calculator above.
Which has lower taxes, Hungary or Italy?
Hungary has the lower top income-tax rate โ 15% versus 43% in Italy.