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“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.
"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...
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat . [ 1 ]
The economy of Italy is a highly developed social market economy. [31] It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world), [32] the 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP.
The median equivalised disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs.
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]
Here’s her monthly budget and how she makes the most of it: Retirement Budget. Housing: $1,800. Utilities: $250. Cable/internet: $50. ... Apartment living may not suit all retirees, but her ...
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