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"La dolce vita" translates into "the sweet life" in Italian and if you are thinking of retiring soon, you might want to set your sights on the nation that is known for pasta, wine, culture, scenery...
“Monthly expenses in the US before leaving were between $4,800 to $5,000 a month. In all we are about $3,000 less monthly living here in Italy,” adds Tony.
1.2 Net average monthly salary (adjusted for living costs in PPP) 1.3 Gross average monthly salaries 2 European and transcontinental countries by monthly average wage
The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries. It's measured using Purchasing Power Parities (PPPs), which help us understand how much money is needed to buy the same things in different places. Price level indexes (PLIs), with the world average set at 100, are ...
In Southern Italy the numbers are even higher, with 10% living in absolute poverty, up from 9 per cent in 2014. Northern Italy is better off at 6.7%, but this is still an increase from 5.7% in 2014. [204] The national statistics reporting agency, ISTAT, defines absolute poverty as those who can not buy goods and services which they need to survive.
Bingwa Thomas, 72, from Kansas City, bought a cheap old house in Southern Italy’s Latronico, hoping that that Italy’s laid-back lifestyle will help him live longer.
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
The 3.2% COLA increase rounds out to about $59 extra per month in benefits, from an average of $1,848 per month to $1,907, according to the Social Security Administration (SSA).