NLVNet Life Value

Moving from
to

Complete relocation analysis: taxes, real prices, quality of life, and what salary to ask for.

The verdict

Italy is 8% cheaper to live in. Tax rate goes from 22.4% to 33.2%. Quality of life drops by 2 points.

Canada and Italy offer comparable Quality of Life scores, 65/100 for Canada and 63/100 for Italy, yet diverge significantly on specific factors. Taxation presents the most substantial gap; Canada scores 48, indicating a more manageable tax burden compared to Italy's remarkably low 26. Conversely, Italy boasts a more appealing climate at 63 points (average 14°C) versus Canada's 52 points (average 6°C). Cost of living is also slightly lower in Italy, scoring 66 compared to Canada's 61, aligning with Italy's overall lower price level (85 vs 96). Healthcare in Italy is marginally stronger at 62 points against Canada's 59, while Canada maintains a higher safety rating (90 vs 85).

This is a genuinely close match; Italy's superior climate and slightly lower cost of living are balanced by Canada's significantly more favorable taxation policies and higher safety rating.

Moving to Italy? NLV varies by city.

Rome57Florence56Milan51

Tax Comparison

At $48,164 USD equivalent gross salary

🇨🇦 Canada

GrossC$65,086
Income Tax-C$9,816
Social-C$4,732
NetC$50,538
Effective Rate22.4%

🇮🇹 Italy

Gross€44,187
Income Tax-€10,150
Social-€4,503
Net€29,534
Effective Rate33.2%

Net difference: $5,206/year in Italy.Full calculator →

What Things Actually Cost

Price Index: Canada = 97, Italy = 89 (US = 100)

🍔

Big Mac

$5.60→$5.20
-7%
☕

Starbucks Tall Latte

$4.80→$4.20
-12%
🍺

Beer 500ml (bar)

$6.50→$6.00
-8%
📱

iPhone 16 128GB

$830.00→$900.00
+8%
🎬

Netflix Standard (monthly)

$13.49→$12.99
-4%
⛽

1L Gasoline (95)

$1.30→$1.90
+46%
🚇

Single Transit Ticket

$2.60→$2.00
-23%
🏠

Airbnb Studio (city center)

$105.00→$85.00
-19%
See all 30 products →

What Salary to Ask For

If you earn C$65,086 gross in Canada ($48,164USD), here's what you need in Italy depending on your goal:

Same net income (tax only)

€53,357

You keep the same $37,398/yr net in both countries. But Italy taxes 13.4% more.

Same purchasing power (recommended)

€48,956

Accounts for the fact that Italy is 8% cheaper than Canada. This is the number to negotiate.

Net Life Value at $48K

🇨🇦 Canada

54

+2

🇮🇹 Italy

56

NLV combines net income, cost of living, and quality of life into one score. Similar overall quality of life in both countries.

Calculate with your exact salary →

Quality of Life

Canada: 65/100 vs Italy: 63/100

Cost of Living
61
66
+5
Climate
52
63
+11
Safety
90
85
-5
Healthcare
59
62
+3
Internet
77
73
-4
Taxation
48
26
-22

Moving to Italy: Practicalities

Visa Openness

55/100

English Level

48/100

Expat Community

10.5%

Digital Nomad Visa

Available

Frequently Asked Questions

How much tax do I save moving from Canada to Italy?▾
The effective tax rate changes from 22.4% in Canada to 33.2% in Italy. You keep about $5,206.43 less per year in Italy.
Is Italy cheaper to live in than Canada?▾
Yes. Italy is about 8% cheaper across 30 everyday products (Big Mac, iPhone, gasoline, Netflix, etc.). Your money goes further.
What salary do I need in Italy to match my lifestyle in Canada?▾
Use our salary calculator to find the exact amount. It accounts for income tax, social contributions, and cost of living differences between Canada and Italy. As a rule of thumb: a similar gross salary should maintain your lifestyle.
Is it worth moving from Canada to Italy?▾
It depends on your priorities. Higher taxes but lower cost of living in Italy. The cost savings may offset the tax increase.

Also Consider

🇨🇦 → 🇺🇸 United States🇨🇦 → 🇬🇧 United Kingdom🇨🇦 → 🇫🇷 France🇨🇦 → 🇩🇪 Germany🇨🇦 → 🇪🇸 Spain🇨🇦 → 🇵🇹 Portugal