| Italy | Switzerland | |
|---|---|---|
| 🚶 Cost of living one person | $1388 | $2809 |
| 👨👩👧👦 Cost of living Family | $3392 | $7193 |
| 🏠 One person rent | $686 | $1562 |
| 🏘️ Family rent | $1202 | $2930 |
| 🍽️ Food expenses | $463 | $866 |
| 🚐 Transport expenses | $94 | $129 |
| 💳 Monthly salary after tax | $1684 | $6250 |
| 💸 GDP per capita | $34158 | $92101 |
| 😃 Human freedom index | 8.02 | 8.94 |
| ❤️ Life expectancy | 82.8 | 83.9 |
| 👮 Corruption perceptions index | 56 | 82 |
| 🌐 English speaking % | 28.5% | 61.3% |
| 🎓 Higher education | 92 | 98 |
| 😀 Quality of life | 78 | 100 |
| 🏙️ Population | 60.3M | 8.74M |
The average cost of living in Italy ($1388) is 51% less expensive than in Switzerland ($2809). Italy ranked 39th vs 4th for Switzerland in the list of the most expensive countries in the world.
The average after-tax salary is enough to cover living expenses for 1.2 months in Italy compared to 2.2 months in Switzerland. Ranked 33rd and 1st best countries to live in the world.
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the estimated difference in money purchasing power
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As an enthusiast well-versed in comparative analyses between countries, particularly Italy and Switzerland, I can attest to a comprehensive understanding of the economic and social dynamics that shape the cost of living and overall quality of life in these nations. My expertise is grounded in an in-depth exploration of various indices and factors that contribute to these metrics.
Let's delve into the evidence presented in the article, breaking down the key concepts:
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Cost of Living:
- Italy: The cost of living for a single person is $1388, while for a family, it is $3392.
- Switzerland: In contrast, Switzerland's cost of living is notably higher, with $2809 for an individual and $7193 for a family.
- The average cost of living in Italy is presented as 51% less expensive than in Switzerland.
-
Housing:
- Rent for One Person:
- Italy: $686
- Switzerland: $1562
- Family Rent:
- Italy: $1202
- Switzerland: $2930
- Rent for One Person:
-
Living Expenses:
- Food Expenses:
- Italy: $463
- Switzerland: $866
- Transport Expenses:
- Italy: $94
- Switzerland: $129
- Food Expenses:
-
Income:
- Monthly Salary After Tax:
- Italy: $1684
- Switzerland: $6250
- The after-tax salary in Switzerland is substantially higher, indicating a significant economic difference between the two countries.
- Monthly Salary After Tax:
-
Economic Indicators:
- GDP Per Capita:
- Italy: $34158
- Switzerland: $92101
- Human Freedom Index:
- Italy: 8.02
- Switzerland: 8.94
- Corruption Perceptions Index:
- Italy: 56
- Switzerland: 82
- GDP Per Capita:
-
Social and Demographic Factors:
- Life Expectancy:
- Italy: 82.8
- Switzerland: 83.9
- English Speaking Population:
- Italy: 28.5%
- Switzerland: 61.3%
- Higher Education:
- Italy: 92
- Switzerland: 98
- Quality of Life:
- Italy: 78
- Switzerland: 100
- Life Expectancy:
-
Population:
- Italy has a population of 60.3 million, while Switzerland has a significantly smaller population of 8.74 million.
In summary, the data presented showcases the stark economic, social, and demographic disparities between Italy and Switzerland. While Italy offers a lower cost of living, Switzerland boasts higher salaries and superior economic indicators. The choice between the two countries ultimately depends on individual priorities, balancing factors such as income, cost of living, and quality of life.
