Key Facts: Finland vs Italy Wages
- Finland Minimum Wage
- No statutory minimum wage
- Italy Minimum Wage
- No statutory minimum wage
- Finland Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Italy Avg. Gross Monthly Salary
- €2,600 /mo ($3,027.83 USD)
- Data Sources
- Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24), Ministry of Labour and Social Policies (Ministero del Lavoro e delle Politiche Sociali) (2026-02-24)
Finland
Italy
Updated 2026-02-24
Neither Finland nor Italy has a statutory minimum wage, relying instead on collective bargaining or sectoral agreements. Average salaries are higher in Finland at $4,542/mo compared to $3,028/mo in Italy. Italy has the tighter labor market, with unemployment at 6.4% compared to 9.5%.
Finland has higher GDP per capita ($65,378 vs $62,014). Finland's unemployment rate is 9.5% compared to Italy's 6.4%.
Detailed Comparison
| Metric | Finland | Italy |
|---|---|---|
| Avg. gross salary /mo | €3,900 /mo $4,541.75 | €2,600 /mo $3,027.83 |
| Avg. net salary /mo | €2,700 /mo $3,144.29 | €1,850 /mo $2,154.42 |
| Median individual income /yr | €35,000 /yr $40,759.29 | €22,500 /yr $26,202.40 |
Percentage differences are based on USD equivalent values. Positive means Finland is higher.
Work Week
- Finland
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (Working Hours Act / Työaikalaki). Regular daily working hours are 8 hours. Overtime for the first 2 hours is compensated at 150% and subsequent hours at 200%. Maximum overtime is 250 hours per calendar year. EU Working Time Directive limits average to 48 hrs/week.
- Italy
-
40 hrs/wk standard
Max 48 hrs/wk
Standard workweek is 40 hours (Legislative Decree 66/2003). Maximum average weekly hours including overtime is 48 hours over a 4-month reference period, per EU Working Time Directive. Overtime compensation is regulated by collective agreements, typically 15-30% surcharge depending on hours and sector.
See this comparison from Italy's perspective: Italy vs Finland
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Frequently Asked Questions
How much more does the average worker earn in Finland compared to Italy?
The average gross salary in Finland is €3,900/mo ($4,541.75 USD), compared to €2,600/mo ($3,027.83 USD) in Italy. In USD terms, workers in Finland earn approximately 50% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Finland and Italy is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Finland earn more in nominal terms, though how far that income stretches depends on local prices in Italy.
How do work hours compare between Finland and Italy?
Both Finland and Italy mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.
What is the cost of living difference between Finland and Italy?
While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Finland has the higher GDP per capita at $65,378, which is 1.1x that of Italy at $62,014. From Finland's perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.