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Italy vs Portugal

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

Italy vs Portugal at a glance — Portugal is 8% cheaper than Italy overall. Average net salary: $1,300/mo vs $1,900/mo. Top income tax: 48% vs 43%.

ItalyPortugal
Cost of living
Cost of living index10092
Taxes
Income tax (top rate)43%48%
VAT / sales tax22%23%
Corporate tax24%21%
Capital gains26%28%
Economy & salaries
Avg net salary$1,900/mo$1,300/mo
Minimum wage—$1,244/mo✓
GDP per capita$43,309✓$32,082✓
Inflation (annual)1.5%✓2.3%✓
Life expectancy84 yr✓82 yr✓
Quality of life
LGBTQ+ acceptanceModerateHigh
Digital-nomad visaYesYes

✓ = official statistics (Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

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? Frequently asked questions

Is Italy cheaper than Portugal?

Portugal is about 8% cheaper than Italy overall — its cost-of-living index is 92 versus 100 for Italy.

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

To keep the same standard of living, a $75,000 salary in Italy is worth about $69,352 in Portugal. Enter your own figure in the calculator above.

Which has lower taxes, Italy or Portugal?

Italy has the lower top income-tax rate — 43% versus 48% in Portugal.