What is a decent salary in Italy?
If we look at salary data provided by Statista, the average gross salary for Italy shows a more realistic number around €31.000 or €2583 a month. Either way, the national average for Italy scores around the middle for European wages.
What is the average monthly salary in Italy?
Median Salary: The current median salary is around €3,720 per month. This means that half of the population are earning less than that amount while the other half are earning more. The median is simply the value of the middle salary.
Is Milan an expensive place to live?
According to Mercer, Milan ranks #33 as the most expensive place to live in the world for expats. Keep in mind that’s ahead of Rome #46, making it the most expensive place to live in Italy. Basically, that means it’s only going to get cheaper from here.
Is Milan more expensive than Dubai?
Tell us some prices in Milan. Do you live in Dubai? Tell us some prices in Dubai….Cost of Living Comparison Between Milan and Dubai.
| City | Cost of Living Index |
|---|---|
| Dubai | 63.54 |
| Milan | 73.16 |
| New York, NY | 100 |
| Prague | 49.74 |
Why are Italian salaries so low?
One factor is likely to be the “tax wedge”. The cost to an employer of hiring somebody in Italy is pretty high, with all the taxes and contributions to pay for that employee. So the final salary to the employee ends up being pretty low.
What is the highest paying job in Italy?
The Best Paying Jobs In Italy
- Surgeons: up to 21,000 Euros a month.
- Lawyers: up to 14,000 Euros a month.
- Bank managers: 13,000 Euros a month.
- Marketing directors: 2,390 to 7,620 Euros a month.
- College professors: 3,190 to 10,200 Euros a month.
What is the minimum wage in Italy?
Minimum wages in Italy – 2021 According to Article 36 of the Constitution the wages must be proportionate to the quality and quantity of work done and also high enough to provide a minimum subsistence for the worker and his family. Italy has no minimum wage by law, and hence there is no separate legislation.
How much is the minimum salary in Italy?
While there are no official minimum salaries in Italy, some sectors of the economy have minimum wages determined by unions. Most of these unions have a minimum salary of around 7 euros per hour, in each of their economic sectors.