Italy
#25 globallyEuropeAverage salary: $34,000/year ยท Currency: EUR โฌ
Mean Annual Salary
$34,000
gross USD
Median Annual Salary
$28,000
gross USD
GDP per Capita
$35,657
current USD
PPP Factor
ร0.70
vs USD base
Tax Breakdown at Median Salary
EstimatedTake-Home (Net) Annual
$18,760
Effective Tax Rate
33.0%
* Based on median salary of $28,000. Estimated combined rate. Consult a tax professional for accurate calculations.
Estimated Salaries by Job in Italy
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median ยท actual salaries vary
๐ฎ๐น Italy Economic Overview
Currency
EUR (โฌ)
Region
Europe
Population
60.0M
Gini Coefficient
0.356
Cost of Living Index
70 (US=100)
Tax Data Available
Estimated
Salary vs Global Benchmarks
Europe Comparison
Global Ranking
out of 117 countries
by average salary
About Salaries in Italy
The average annual salary in Italy is approximately $34,000 (gross, in USD), with a median of $28,000. The country ranks #25 out of 117 countries by average salary.
At the median salary, workers in Italy take home approximately $18,760 after taxes โ an effective tax rate of 33.0%. The purchasing power parity factor of ร0.7 means that in real terms, living costs are lower than in the United States.
Italy is located in the Europe region. Income inequality, measured by the Gini coefficient, is 0.356 (moderate inequality).