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Some agree that the cost of living in Italy is far cheaper than in the US. The most significant benefit of selecting this country is the considerably lower cost of rent and health insurance. However, these are just the essential rewards one can gain upon shifting to this new country.
In terms of geography, the further you go down the map of Italy, the cost of living starts to decrease gradually. Additionally, the price seems even more reasonable if you decide to live in the countryside or a small town.
This guide discusses the expenses involved in living in Italy as well as provides recommendations and current statistics on factors that can affect these costs in different cities.
Disclaimer: This article is based on information from various online sources as of September 15th, 2024, with sources listed below.
For students who are coming from other countries, the living cost in Italy differs in terms of certain factors. The monthly costs are from €700 to €1200 euros on an average. Still, this estimate does not count in any tuition fees or any other personal expenses.
We advise you to check out the table below for a better idea:
Before you decide to shift to Italy, it's important to set realistic expectations. To get an idea of your potential monthly costs, have a look at the following tentative expenses:
Based on the region you pick, the average cost of living in Italy varies significantly. Here, we have provided the estimated expenses in some prominent cities.Â
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The monthly cost of living in Milan is as follows:
The monthly cost of living in Rome is as follows:
The monthly cost of living in Turin is as follows:
The monthly cost of living in Florence is as follows:
The monthly cost of living in Naples is as follows:
The cost of living in Italy varies based on several key factors:
Major cities like Rome, Milan, and Florence are more expensive than smaller towns or rural areas. Rent, dining, and general expenses in these cities tend to be higher.
Eating out frequently, shopping in high-end stores, and enjoying Italy’s rich cultural scene can significantly raise your expenses. A simpler lifestyle will reduce costs.
Rent is one of the biggest expenses. Urban areas have higher rental prices, while rural locations or smaller cities offer more affordable housing options.
Public transportation is generally affordable, especially in big cities, but owning a car comes with additional costs like insurance, fuel, and maintenance.
Utility costs, including electricity and heating, vary by region. Grocery costs depend on shopping habits—local markets are cheaper, while supermarkets and imported goods are pricier.
To get a clear idea about the average income in Italy, we advise you to go through the following pointers:
Here’s an overview of the average monthly salaries in Italy:
Despite Italy being one of the largest food producers in Europe, the cost of buying groceries here is 13% higher than the EU average. However, compared to Ireland, France, or Sweden, the daily expenses of staying here are not higher.
 Below is a comparison of living costs between Italy and other major cities:
Finally, it is highly suggested to wait for sales and occasional promotions for buying clothes and electronics.
Overall, this article is presented as a complete guide on the cost of living in Italy. While sharing the related insights and suitable costs for different people, multiple factors were taken into consideration. Understanding these costs will empower you to carefully plan your timeline and wisely distribute resources while living in Italy as a student, single person, couple, or parent.
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