Cost of Living in Italy

The cost of living in Italy is not as high as many suspect. Many tourists are under the impression that Italy is expensive. And, of course, if you have a cup of coffee on St. Mark’s Square in Venice, all your fears are likely to be confirmed. But the truth is, outside the tourist hot-spots (and even in them if you know where to look), you don’t have to spend a fortune to enjoy la dolce vita (the sweet life).

Obviously, how much it costs to live in Italy will depend on your lifestyle and where you choose to settle. Housing costs aside, singles can enjoy a comfortable lifestyle in northern and central Italy on an annual income of $22,000 to $28,000. Couples may require an income between $28,000 to $45,000.

Day-to-Day Costs in Italy

American and Canadian expats living in Italy report low day-to-day costs like:

  • 90 cents for a cup of coffee in sunny southern Calabria
  • $34 per person for a multi-course meal (Calabria)
  • A year’s worth of health insurance payments for a couple just over $200 (Calabria)
  • $600 per month for a one-bedroom apartment with a pool and views of the Umbrian hill country (Umbria)
  • $1,200 per month for a beautiful chalet-style home in the Alps
  • $400 per month for a small apartment with frescoes on the ceiling in Le Marche
  • $10-$12 for a whole pie in a sit-down pizzeria in Rome
  • About $10 per month for a basic phone plan

One couple reports their life in Le Marche is 80% cheaper than their life in New York City. Another couple says that in Calabria it’s unusual to pay for fruits and vegetables, as they’re bursting from the local gardens and your neighbors will happily share their fresh produce with you for free. And one of our correspondents spent a month in Umbria for less than $2,000—and that’s before the euro’s value dropped. Today, her expenses would be more akin to $1,500.

*Prices as of 2015

Get Your Free Italy Report Now

Learn more about Italy and other countries in our daily postcard e-letter. Simply enter your email address below and we’ll send you a FREE REPORT – Italy: Europe’s Most Seductive Country.

This special guide covers covers real estate, retirement and more in Italy and is yours free when you sign up for our IL postcards below. We value your privacy. You can unsubscribe at anytime.

Get Your Free Report Here


    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Need a Way to Fund Your Life Overseas?

    Before you go, sign up for our Fund Your Life Overseas e-letter and we’ll immediately send you a FREE RESEARCH REPORT on six portable careers you can earn with from anywhere in the world.

    You’ll hear from us five times a week, showing you ways to earn that can hand you the freedom and flexibility to live anywhere… travel anytime… and fund the life of your dreams overseas.

    Enter your E-mail Address Below
    We Value Your Privacy
    Click here for our Privacy Policy
    ×

    Wait – Don’t Miss Out:

    Announcing: The Best Places in the World to Retire for 2016

    For the 25th year in a row, we’ve ranked, rated, compared, and contrasted the best retirement havens in the world.

    I’d like to offer you International Living’s brand new Global Retirement Index today — FREE. Whatever you dream about, you can be sure that in our 2016 Global Retirement Index there’s a place where you could make it real.

    With this special offer, you can get a copy of this brand-new Index immediately—FREE.

    Get Access Today

    ×

    Your Last Chance to Retire Overseas Now

    Before you go sign up for our free daily Postcard e-letter and we’ll immediately send you a FREE RESEARCH REPORT on the most desirable —and cheapest— retirement havens available to you today.

    Each day you’ll learn about the best places to retire, travel, buy real estate and enjoy life overseas.

    Enter your E-mail Address Below
    We Value Your Privacy
    Click here for our Privacy Policy

    ×

    Your Chance to Retire Overseas Now

    Sign up for our free daily Postcard e-letter and we'll immediately send you a FREE RESEARCH REPORT on the most desirable —and cheapest— retirement havens available to you today.

    Each day you'll learn about the best places to retire, travel, buy real estate and enjoy life overseas.

    Enter your E-mail Address Below



    We Value Your Privacy.