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Italy vs Turkey
Compare cost of living, taxes, salaries and visas between Italy and Turkey.
| Italy | Turkey | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 106 | 54 |
| Taxes | ||
| Income tax (top rate) | 43% | 40% |
| VAT / sales tax | 22% | 20% |
| Social security (employee) | — | 15% |
| Corporate tax | 24% | 25% |
| Capital gains | 26% | — |
| Economy & salaries | ||
| Avg net salary | $1,900/mo | $700/mo |
| Minimum wage | — | $600/mo |
| GDP per capita | $43,309 | $15,666 |
| Inflation (annual) | 1.5% | 44% |
| Life expectancy | 84 yr | 78 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Moderate | Low |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Italy cheaper than Turkey?
Turkey is about 49% cheaper than Italy overall — its cost-of-living index is 54 versus 106 for Italy.
How much do you need to earn in Turkey to live like in Italy?
To keep the same standard of living, a $75,000 salary in Italy is worth about $38,379 in Turkey. Enter your own figure in the calculator above.
Which has lower taxes, Italy or Turkey?
Turkey has the lower top income-tax rate — 40% versus 43% in Italy.