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Italy vs Singapore
Compare cost of living, taxes, salaries and visas between Italy and Singapore.
| Italy | Singapore | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 106 | 134 |
| Taxes | ||
| Income tax (top rate) | 43% | 24% |
| VAT / sales tax | 22% | 9% |
| Corporate tax | 24% | 17% |
| Capital gains | 26% | 0% |
| Economy & salaries | ||
| Avg net salary | $1,900/mo | $4,500/mo |
| GDP per capita | $39,000 | $88,000 |
| Life expectancy | 83 yr | 84 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Moderate | Low |
| Digital-nomad visa | Yes | No |
? Frequently asked questions
Is Italy cheaper than Singapore?
Singapore is about 27% more expensive than Italy overall โ its cost-of-living index is 134 versus 106 for Italy.
How much do you need to earn in Singapore to live like in Italy?
To keep the same standard of living, a $75,000 salary in Italy is worth about $94,900 in Singapore. Enter your own figure in the calculator above.
Which has lower taxes, Italy or Singapore?
Singapore has the lower top income-tax rate โ 24% versus 43% in Italy.