NLVNet Life Value

vs

Side-by-side comparison of taxes, real prices, and quality of life. Price Index: Australia = 102, Italy = 89 (US = 100).

Australia holds a Quality of Life advantage over Italy, 67 to 63, primarily driven by differences in financial and safety aspects. Taxation is a key distinction, with Australia's score of 44 significantly better than Italy's 26, an 18-point gap reflecting Italy's higher tax burden. The cost of living also swings in Italy's favor, scoring 66 compared to Australia's 56, a 10-point difference, underpinned by Italy's lower price level of 85 against Australia's 110. Australia maintains a noticeable lead in safety, scoring 93 against Italy's 85, an 8-point gap. Healthcare quality is remarkably similar, with Australia at 64 and Italy at 62, indicating comparable service levels. Climate scores are also quite close, 68 for Australia (14.5ยฐC) and 63 for Italy (14ยฐC).

Australia slightly outperforms Italy, largely due to a more favorable taxation environment and higher safety ratings, despite Italy's lower cost of living.

With $75,000 USD gross salary:

๐Ÿ‡ฆ๐Ÿ‡บ Australia gives you $11,727 more in net income (USD)

๐Ÿ‡ฆ๐Ÿ‡บ

Australia

2025/26

Gross$75,000(A$115,385)
Income Tax-$16,512
Social-$1,500
Net Income$56,988
Effective rate24.0%
Monthly net$4,749
๐Ÿ‡ฎ๐Ÿ‡น

Italy

2025

Gross$75,000(โ‚ฌ68,807)
Income Tax-$22,096
Social-$7,642
Net Income$45,261
Effective rate39.6%
Monthly net$3,771

Tax Profile Comparison

Amount Comparison (USD)

Detailed Comparison

Item๐Ÿ‡ฆ๐Ÿ‡บ Australia๐Ÿ‡ฎ๐Ÿ‡น Italy
Gross IncomeA$115,385โ‚ฌ68,807
Gross Income (USD)$75,000$75,000
Income TaxA$25,403.5โ‚ฌ20,272.01
Social ContributionsA$2,307.7โ‚ฌ7,011.43
Total DeductionsA$27,711.2โ‚ฌ27,283.44
Net IncomeA$87,673.8โ‚ฌ41,523.56
Net Income (USD)$56,988$45,261
Effective Tax Rate24.0%39.6%
Marginal Rate30.0%43.0%
Employer Total CostA$129,231.2โ‚ฌ85,878.02

Related

Data last updated: ยท Sources: World Bank, WHO, OECD, national tax authorities. See methodology.