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Key Facts: Italy vs Finland Wages

Italy Minimum Wage
No statutory minimum wage
Finland Minimum Wage
No statutory minimum wage
Italy Avg. Gross Monthly Salary
€2,600 /mo ($3,027.83 USD)
Finland Avg. Gross Monthly Salary
€3,900 /mo ($4,541.75 USD)
Data Sources
Ministry of Labour and Social Policies (Ministero del Lavoro e delle Politiche Sociali) (2026-02-24), Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24)

Italy flag Italy Finland flag Finland

Updated 2026-02-24

Italy flag Italy

No statutory minimum wage

Avg. Gross Salary

€2,600 /mo

Finland flag Finland

No statutory minimum wage

Avg. Gross Salary

€3,900 /mo

Avg. salary: -33% Italy vs Finland

Neither Italy nor Finland has a statutory minimum wage, relying instead on collective bargaining or sectoral agreements. Average salaries are lower in Italy at $3,028/mo compared to $4,542/mo in Finland. Italy has the tighter labor market, with unemployment at 6.4% compared to 9.5%.

Italy has lower GDP per capita ($62,014 vs $65,378). Italy's unemployment rate is 6.4% compared to Finland's 9.5%.

Detailed Comparison

Detailed wage comparison between Italy and Finland
Metric Italy Finland
Avg. gross salary /mo €2,600 /mo $3,027.83 €3,900 /mo $4,541.75
Avg. net salary /mo €1,850 /mo $2,154.42 €2,700 /mo $3,144.29
Median individual income /yr €22,500 /yr $26,202.40 €35,000 /yr $40,759.29

Percentage differences are based on USD equivalent values. Positive means Italy is higher.

Work 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.

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.

See this comparison from Finland's perspective: Finland vs Italy

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Frequently Asked Questions

How much less does the average worker earn in Italy compared to Finland?

The average gross salary in Italy is €2,600/mo ($3,027.83 USD), compared to €3,900/mo ($4,541.75 USD) in Finland. In USD terms, workers in Italy earn approximately 50% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Italy and Finland 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 Italy and Finland?

Both Italy and Finland 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 Italy and Finland?

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 Italy's perspective, this means goods and services are priced at a lower 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.