Average Salary In Florence Italy

Bas Teunissen

Updated on Apr 23 • four infinitesimal read

The average salary in Italy is probably one of the beginning things you'll consider if you desire to make Italy your new home. If you're enlightened of the average pay, you'll be able to decide whether an offer you lot're getting is a skilful salary in Italy for your industry, position and experience.

Luckily for yous, nosotros've already washed the digging necessary to help yous figure out how much you should exist earning as an expat in Italy.

Average income in Italy on a national level

Permit'due south cut this salary pizza. According to Bacon Explorer, the average gross bacon for Italian republic as of February 2022 is around €44,640 per year or €3,720 a month. If this sounds loftier, information technology's because this number includes various benefits, such as housing stipends, travel expenses, holiday allowance, etc.

If we look at the 2022 salary data provided by Statista, the average gross salary for Italia shows a more realistic number around €31,000 or €2,583 a month. Either mode, the national average for Italy is higher than that in the majority of European countries.

Combine that with the fact that the toll of living in Italy is lower than the EU average and the likelihood that you, equally an expat, are a highly skilled worker means that life in Italy could be pretty cosy on the financial end!

Average salaries vary by industry or region

Don't forget that the median income doesn't stand for the absolute reality since 50% of Italy's population earns less than that.

The other factors that have an influence on the wages you'll encounter are:

The pay differences per region
The industry
Your experience

Additionally, it'due south pretty likely that, every bit an expat, you lot'll exist looking for international- or English language-speaking jobs. These jobs are more likely to be institute in larger companies, which also tend to pay more average. In conclusion,

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Earning more than €43,000, including benefits, is considered a adept salary in Italy, with many opportunities offering fifty-fifty more than that.

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You lot're most probably wondering "Where will I earn the well-nigh in Italy?". Let's have a look!

What are the regional wage differences in Italy?

If you're looking for improve salaries in Italian republic, there's an easy rule to follow: get N!

The provinces with the highest average earnings include Lombardy in North Italy, Lazio in Fundamental Italy and Piedmont in North-due west Italy. There are no real surprises every bit to why these areas do very well. To start off, Lombardy is the home region for Milan, which boasts the highest average bacon in Italy overall.

Then at that place'south the province of Lazio in the centre of Italy, which is where you'll find Rome! In the province of Piedmont, we find another economical powerhouse that boosts the boilerplate in the region: Turin.

The regional averages are one thing, but that doesn't hateful that you tin't earn a good buck if you live in a unlike region.

Let'due south take a expect at some of the boilerplate salaries per city in Italy (Based on the numbers past SalaryExplorer):

National average	€3,720	Baseline
Rome	€4,300	+17%
Milan	€4,220	+15.vi%
Napoli	€4,150	+13.6%
Turin	€4,080	+xi.seven%

That said, the farther s yous go, you'll find that the average salary gets lower. In fact, the average yearly salary in the Basilicata region (around the ankle of the famous Italian 'boot') is nearly €vii,000 lower than in Lombardy. And then, if you lot're going for the big bucks, follow the needle of your compass.

But why are southern salaries then much lower? For one, the southern regions and the Islands have a much higher share of low-income employees (17,8%) compared to the northern regions (six.vii%)(Statista & Chore Pricing). Some measure of explanation for the pay gap can be found in the higher levels of unemployment and the lower toll of living in the southern regions of Italy.

What is the minimum wage in Italy

But what if y'all're a student or intern, who oftentimes can only find work at minimum wage? Unfortunately, information technology's not a straightforward respond: Italy does not have a national minimum wage. Instead, the minimum wage is determined on a sector-by-sector footing, known every bit national collective bargaining agreements (NCBAs), or negotiated at a local or even at a company level.

These agreements are renegotiated every 3 years. To give y'all an idea, the minimum wage for agricultural workers is around €900 per month or €5.lx an hour which makes it one of the everyman in the land and even Europe. Federal republic of germany, for example, has a nationwide minimum wage of €9.35 an hr, even for interns. So, if y'all're planning on taking on a student job, make certain yous leverage your skills and multilingualism to negotiate a decent salary where possible.

Height earning industries in Italy

Information technology'due south no secret that some industries offer amend salaries than others. Such industries typically require higher educational activity or a specific fix of skills to go employed there. So let's take a look at some of the highest-earning and noteworthy(*) sectors in Italy:

National average (Statista)	€31,000	Baseline
Banking & Finance	€43,277	+39%
Pharmaceutical & Biotechnical	€39,294	+26%
Applied science	€38,222	+23%
Oil & Gas	€38,093	+22%
IT & Software consultancy	€36,118	+16%
Insurance	€35,679	+15%
Aeronautics	€35,191	+xiii%
Automotive*	€28,647	-seven.4%
Fashion & Luxury*	€28,540	-eight%

Italy is well-known for its automotive and high-end fashion industries. Unfortunately, the average salaries in these industries are beneath the national average. In these sectors, you'd take to be a hotshot designer or manufacturing wizard to make information technology to the large bucks.

If y'all're looking to find which detail careers take the highest average salary in 2022, SalaryExplorer reports that you should look into picking ane of the following professions:

Profession/ Position	Average monthly salary
Medico	€ 13,000
Approximate	€ 11,000
Banking company manager	€ eight,700
CEO	€8,000
CFO	€7,600
Orthodontist	€seven,300
Professor	€vi,500

Gender gap in Italian republic

Unfortunately, even in this twenty-four hour period and age, in that location'south yet a discrepancy between the wages of men and women in the same field. Salary explorer reports that overall, women earn effectually half-dozen% less than men beyond all industries, simply some industries discriminate more others.

Job pricing indicates that the Finance and Insurance industries favour men at an about unreal rate. Men in finance and insurance tin make up to 25% more than their female counterparts.

Italy compared to the rest of Europe

So how does Italy hold upwards to its European neighbours? Looking at the numbers by Reinis Fischer, Italy hangs effectually the center in terms of the boilerplate gross monthly wage. Let's compare it to some other countries popular among expats.

Italy	€2,534	Baseline
Deutschland	€4,035	+41%
The netherlands	€2,855	+12%
France	€three,097	+22%
Kingdom of spain	€2,279	-11%

Ok, so, Deutschland leaves Italia in the dust. Information technology'south the motor of the European economic system after all. That said, Germany doesn't have much on Italy's climate, language and all that money certainly won't make up for the wealth in civilisation and history you'll observe in Italy.

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