Greece vs Italy
Greece costs roughly 10% less than Italy, though Italy has significantly faster internet infrastructure. Use our tool below to personalize the estimate based on your income and lifestyle.
Greece is approximately 10% less expensive than Italy based on cost of living including rent. This makes Greece a more budget-friendly option for expats considering a move.
Greece has a FIRE Score of 77/100, indicating its suitability for financial independence and early retirement. The country's safety index is 53.6, suggesting moderate safety levels.
Recommended profile: Greece is ideal for GeoArbitragers and remote workers looking to maximize savings.
About Greece
Progressive tax brackets climbing to 44% will hit high earners hard, making Greece a poor fit for anyone still drawing a large US salary. Retirees living on the required USD 3,997/mo FIP visa income look past this easily, since $893.50/mo covers living costs before rent. A 1BR near the center runs around $560.16/mo, and high English proficiency smooths daily life despite the medium 53.6 safety score.
$1,546/mo
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About Italy
Retirees with steady income fare better here than remote workers chasing savings. Rent outside the center runs $660.88/mo, cheap by European standards, but income tax climbing to 43% erodes any freelance upside fast. The Elective Residence Visa requires $2,895/mo in passive income, and citizenship stays complex even after years of residency.
$1,138/mo
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Country Details →Battle of Lifestyles
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| Metric | Greece | Italy |
|---|---|---|
| Travel Advisory | Level 1: Normal Precautions | Level 2: Increased Caution |
| Quality of Life Index | 138.1 | 151 +12.9 |
| Healthcare Index | 58.5 | 65.1 +6.6 |
| Safety Index | 53.6 +0.5 | 53.1 |
| Cost of Living Index | 46.5 +4.5 | 51 |
| Living Costs (Single, excl. rent) | $893.5 +123.7 | $1,017.2 |
| Living Costs (Family, excl. rent) | $3,156.2 +476.7 | $3,632.9 |
| 1BR Apartment (Center) | $560.16 +285.01 | $845.17 |
| 1BR Apartment (Outside) | $442.05 +218.83 | $660.88 |
| 3BR Apartment (Center) | $952.28 +522.25 | $1,474.53 |
| 3BR Apartment (Outside) | $759.56 +331.71 | $1,091.27 |
| Avg Internet Speed | 181.77 Mbps | 285.05 Mbps +103.3 |
Expat taxes filed by specialists
Greenback Expat Tax handles US taxes for Americans living in Italy. File confidently from abroad.
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