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Excerpted from the Italy Career Guide

Cost of Living

Consumer prices are continuing to fall due to lower cost of energy and a decrease in transportation prices, and inflation is at a record low. The most recent inflation rate is 0.4 percent, and it has been trending downward since the same period the previous year. Items registering the highest price increases were education, restaurants and hotels, furnishings and household equipment, and clothing and footwear. The cost of transportation has dropped most significantly (-4.2 percent).

Housing

While average property prices have dropped in Italy since their pre-crisis peak, the housing market did not experience a housing bubble like in Spain or Ireland. Property prices in Italy have dropped by 3.9 percent over the last 12-month period, according to the latest statistics by ISTAT.

Italy’s highest property prices are found in the regions of Liguria (also known as the Italian Riviera), Lake Como, Venice, Tuscany, Umbria, central Rome and Sardinia. These regions are popular with foreigners, particularly the wealthy.

Medical Care and Health Insurance

Citizens and most residents of Italy have access to basic health care through the national health insurance plan known as the Servizio Sanitario Nazionale or SSN. Employers are responsible for registering their staff with the SSN.

In order to receive service under the SSN program, the beneficiary must be registered with the local health service, called the Azienda Sanitaria Locale or ASL.

Vacation and Leave

Under Italian labor law, workers in Italy receive a minimum of 20 days of annual leave and approximately 11 paid holidays. There are also some half-day holidays and feast days for local patron saints.

This is just a short sample of what you’ll find in over 100 pages of information in the complete Italy Guide.



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