Moderate · COL+Rent 45.8 · NYC=100

Cost of Living in Italy

Moderate cost of living at 45.8 vs NYC's 100 — neither cheap nor expensive by global standards. Data refreshed April 2026.

Cost index
60.1
excl. rent
Rent index
28.0
NYC=100
Purchasing power
64.6
vs NYC=100
Sample budget
$2,068
/month

Monthly Budget in Italy

All prices in USD. Single-person urban lifestyle. Sourced from Numbeo 2026 country rankings.

Frugal

Minimal

$1,443
per month / single person

Suburb rent, home-cooked meals, no dining out

Most common
Moderate

Sample

$2,068
per month / single person

City rent, ~15 restaurant meals/mo, full utilities

Upper middle

Comfortable

$2,337
per month / single person

City rent, dining out 25×/mo, extras

Line-item breakdown (single person)

Rent 1-bedroom, city centre
$1,240
Rent 1-bedroom, outside centre
$870
Groceries (monthly basket)
$305
Mid-range restaurant meal (per person)
$17
Public transit pass (monthly)
$38
Basic utilities (85m² apartment)
$230

How Much Salary Do I Need in Italy?

Purchasing-power-adjusted equivalents: if you earn X in the US, you’d need roughly Y in Italy to maintain the same lifestyle.

US net salaryEquivalent in ItalyVerdict
$50,000/yr$40,67519% cheaper
$75,000/yr$61,01219% cheaper
$100,000/yr$81,35019% cheaper

These are NET (after-tax) purchasing-power equivalents. Your gross salary target will differ based on Italy's tax regime — see our salary comparison pages for full tax-adjusted numbers.

How Does Italy Compare to Other Countries?

Italy vs major reference countries. Lower COL+Rent = cheaper.

Italy vs United States
19% cheaper
Italy COL+Rent
45.8
United States COL+Rent
56.3
Italy vs United Kingdom
12% cheaper
Italy COL+Rent
45.8
United Kingdom COL+Rent
51.9
Italy vs Canada
10% cheaper
Italy COL+Rent
45.8
Canada COL+Rent
51.1
Italy vs Australia
22% cheaper
Italy COL+Rent
45.8
Australia COL+Rent
58.4

Frequently Asked Questions about Italy Cost of Living

How much does it cost to live in Italy per month?

A single-person moderate urban lifestyle in Italy costs roughly $2,068/month: rent $1,240 (city) or $870 (outside city), groceries $305, utilities $230, transit pass $38, and ~15 mid-range restaurant meals at $17 each. A minimal budget is around $1,443, while a comfortable lifestyle runs ~$2,337.

Is Italy expensive to live in?

Italy sits at 45.8 on the combined Cost of Living + Rent Index (NYC = 100), making it moderate by global standards. Moderate cost of living at 45.8 vs NYC's 100 — neither cheap nor expensive by global standards.

How much salary do I need to live comfortably in Italy?

To cover a comfortable lifestyle in Italy (~$2,337/month), you need roughly $28,047 in net annual income. Add 20–25% for income tax and social security in most jurisdictions, so a gross salary of around $36,461 to $42,071 should be comfortable depending on the tax regime.

What is the average rent in Italy?

A 1-bedroom apartment in a city centre in Italy averages $1,240/month. Outside the city centre, the same apartment averages $870/month — a 30% savings for moving just outside the core. Shared housing and suburb-commuter lifestyles can reduce rent further.

How does Italy's cost of living compare to the US?

Italy is 19% cheaper than the United States overall. A $70,000 US net salary would only need to be approximately $56,945 in Italy to match purchasing power.

Source & caveats: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates. Last reviewed April 2026. Indices use New York City = 100 as the baseline. Actual prices in Italy vary by city (capital/largest city vs smaller towns can differ 30–60%). Treat these figures as a directional cross-country comparison — for relocation decisions, verify with current local rental listings and supermarket prices.