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Singapore vs Italy
Compare cost of living, taxes, salaries and visas between Singapore and Italy.
| Singapore | Italy | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 134 | 106 |
| Taxes | ||
| Income tax (top rate) | 24% | 43% |
| VAT / sales tax | 9% | 22% |
| Corporate tax | 17% | 24% |
| Capital gains | 0% | 26% |
| Economy & salaries | ||
| Avg net salary | $4,500/mo | $1,900/mo |
| GDP per capita | $88,000 | $39,000 |
| Life expectancy | 84 yr | 83 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | Moderate |
| Digital-nomad visa | No | Yes |
? Frequently asked questions
Is Singapore cheaper than Italy?
Italy is about 21% cheaper than Singapore overall — its cost-of-living index is 106 versus 134 for Singapore.
How much do you need to earn in Italy to live like in Singapore?
To keep the same standard of living, a $75,000 salary in Singapore is worth about $59,273 in Italy. Enter your own figure in the calculator above.
Which has lower taxes, Singapore or Italy?
Singapore has the lower top income-tax rate — 24% versus 43% in Italy.