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What is a livable salary in Italy?
Living Wage Individual in Italy averaged 893.75 EUR/Month from 2015 until 2018, reaching an all time high of 950 EUR/Month in 2017 and a record low of 825 EUR/Month in 2015.
What is middle class in Italy?
Published by Statista Research Department, Mar 10, 2021. In 2019, most of Italians assumed to belong to the middle class. More specifically, 52 percent of individuals defined their social status as middle class. Moreover, 37 percent of Italians stated to be part of the lower social class.
Which country in Europe has the highest salaries?
Luxembourg had the highest average annual wage in Europe in 2020, at approximately 65.58 thousand Euros, compared with Slovakia, which had an average annual salary of just over 15.27 thousand Euros a year, the lowest among the countries provided in this statistic.
What should I know before moving to Milan?
Indeed clubs, bar, etc. in Milan are pretty expensive (a cocktail is about 10 euros). You have to carefully choose the grocery store where you will usually go to buy food because there are many of them where you buy almost nothing and spend a lot of money. Avoid buying a car.
What do you do when you have a low salary?
Work with the salary you have. Just because you have a low salary doesn’t mean you’re helpless to improve your situation. With proper budgeting and saving habits, even a minimum-wage job can be sustainable in some situations—with money left over to build something even better for yourself.
Are millennials really underpaid?
Obviously, older generations earn more because they’re more experienced—but even accounting for age, millennials are evidently underpaid.
Is a minimum-wage job the best option for You?
Just because you have a low salary doesn’t mean you’re helpless to improve your situation. With proper budgeting and saving habits, even a minimum-wage job can be sustainable in some situations—with money left over to build something even better for yourself. Live below your means, and keep reaching for that next financial milestone.