Last update: Oct 2026

Cost of Living Comparison Between Gibraltar and Italy

Name: Italy
Address: IT

For one person, living is cheaper in Italy: $1,843 a month against $2,870 in Gibraltar, rent and utilities included – about $12,300 less a year. Rent and utilities account for most of the difference.

139

Cost of Living Index in Gibraltar
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Gibraltar Living Index
88

Cost of Living Index in Italy
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Italy Living Index

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🇬🇮 Gibraltar

$2,870

/mo nomad

🇮🇹 Italy

$1,843

/mo nomad

Monthly Cost of Living

How much you'll spend in Gibraltar and in Italy

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Gibraltar and in Italy actually costs, broken down by who's living it.

A single person spends $2,870 per month in Gibraltar vs $1,843 in Italy, rent included.

Gibraltar $2,870
Italy $1,843

A couple spends around $4,566 per month in Gibraltar vs $2,816 in Italy, rent included.

Gibraltar $4,566
Italy $2,816

A family of three spends $6,262 per month in Gibraltar vs $3,788 in Italy, rent included.

Gibraltar $6,262
Italy $3,788

The regional cost range is wider in Italy ($1,038–$2,555) than in Gibraltar ($2,921–$2,921), so city choice matters more there.

The cost of living in Gibraltar is about 56% higher than in Italy on average.

Both Gibraltar and Italy are pricier than the global median – Gibraltar by 111%, Italy by 35%.

Meal at Budget Restaurant

$20.36 GIP 15.32

$20.46 €18.38

-0.49%

Three-Course Dinner for Two, Mid-Range

$99.9 GIP 75.1

$79.5 €71.4

25.61%

Fast Food Meal (McDonalds, etc)

$17.89 GIP 13.46

$11.15 €10.02

60.45%

Cappuccino

$4.04 GIP 3.04

$2.04 €1.83

98.04%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.41 GIP 1.82

$3.10 €2.78

-22.26%

Water (0.33 liter bottle)

$2.06 GIP 1.55

$1.40 €1.26

47.14%

Local Beer (0.5 liter draught)

$5.41 GIP 4.07

$5.51 €4.95

-1.81%

Imported Beer (0.33 liter bottle)

$4.74 GIP 3.57

$5.74 €5.16

-17.42%

Milk (1 liter)

$1.82 GIP 1.37

$1.57 €1.41

15.92%

White Bread (500g)

$2.45 GIP 1.85

$2.38 €2.14

2.94%

Rice (white) (1kg)

$3.32 GIP 2.50

$2.90 €2.60

14.48%

Eggs

$6.15 GIP 4.63

$4.07 €3.66

51.11%

Local Cheese (1kg)

$11.99 GIP 9.02

$17.44 €15.67

-31.25%

Chicken Fillets (1kg)

$8.34 GIP 6.27

$12.56 €11.28

-33.60%

Beef Round Steak (1kg)

$17.69 GIP 13.31

$20.17 €18.12

-12.30%

Apples (1kg)

$2.98 GIP 2.24

$2.58 €2.32

15.50%

Banana (1kg)

$2.85 GIP 2.15

$2.19 €1.97

30.14%

Oranges (1kg)

$3.74 GIP 2.81

$2.68 €2.41

39.55%

Tomato (1kg)

$3.32 GIP 2.50

$3.27 €2.93

1.53%

Potato (1kg)

$2.69 GIP 2.02

$1.90 €1.71

41.58%

Onion (1kg)

$2.06 GIP 1.55

$1.82 €1.63

13.19%

Lettuce (1 head)

$1.85 GIP 1.39

$1.57 €1.41

17.83%

Water (1.5 liter bottle)

$1.46 GIP 1.10

$0.55 €0.49

165.45%

Cigarettes 20 Pack (Marlboro, Camel)

$5.15 GIP 3.87

$6.69 €6.01

-23.02%

Wine (Bottle)

$11.38 GIP 8.56

$7.99 €7.17

42.43%

Local Beer (0.5 liter bottle)

$2.69 GIP 2.02

$1.77 €1.59

51.98%

Imported Beer (0.33 liter bottle)

$3.15 GIP 2.37

$2.35 €2.11

34.04%

One-way Ticket (Public Transport)

$3.40 GIP 2.55

$1.91 €1.72

78.01%

Public Transport Monthly Pass (Regular Price)

$43.44 €39.02

Taxi Start (Normal Tariff)

$13.43 GIP 10.10

$5.62 €5.05

138.97%

Taxi (Normal Tariff) (1km)

$1.71 €1.54

Taxi 1hour Waiting (Normal Tariff)

$13.10 GIP 9.85

$33.64 €30.22

-61.06%

Gasoline (1 liter)

$1.46 GIP 1.10

$2.03 €1.82

-28.08%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$50.6K GIP 38.0K

$35.3K €31.7K

43.21%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$29.8K GIP 22.4K

$36.7K €33.0K

-18.83%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$169 GIP 127

$227 €204

-25.42%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$26.33 GIP 19.80

$11.59 €10.41

127.18%

Internet (50+ Mbps, Unlimited Data)

$66.6 GIP 50.1

$30.38 €27.29

119.06%

Gym Membership (Monthly)

$81.2 GIP 61.1

$51.8 €46.51

56.81%

Tennis Court (1 Hour on Weekend)

$22.42 GIP 16.87

$23.70 €21.29

-5.40%

Cinema Ticket

$13.15 GIP 9.89

$10.60 €9.52

24.06%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,109 GIP 834

$568 €510

95.42%

International Primary School, 1 Child (Yearly)

$21.3K GIP 16.0K

$11.5K €10.4K

84.93%

Jeans (Levis 501 Or Similar)

$136 GIP 102

$90.5 €81.3

50.20%

Summer Dress (H&M, Zara, etc)

$66.3 GIP 49.89

$38.55 €34.63

72.06%

Sport Shoes (Adidas, Nike)

$120 GIP 90.6

$103 €92.2

17.31%

Men's Leather Business Shoes

$149 GIP 112

$131 €118

13.84%

1-bedroom Apartment, City Center (Monthly)

$2,216 GIP 1,667

$826 €742

168.40%

1-bedroom Apartment, Outside City Center (Monthly)

$1,587 GIP 1,194

$646 €580

145.67%

3-bedroom Apartment, City Center (Monthly)

$3,828 GIP 2,879

$1,400 €1,258

173.37%

3-bedroom Apartment, Outside City Center (Monthly)

$3,238 GIP 2,435

$1,054 €947

207.07%

Buy Apartment in City Center (m2)

$13.8K GIP 10.4K

$3,662 €3,290

276.13%

Buy Apartment Outside City Center (m2)

$8,031 GIP 6,041

$2,301 €2,067

248.97%

Average Monthly Net Salary (After Tax)

$2,464 GIP 1,853

$1,886 €1,694

30.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.13

3.56

72.19%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Gibraltar: October 24, 2026

Last update for Italy: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Gibraltar

$1.6K 55.3%

Italy

$646 35.1% 59.3% $941

Groceries & Markets

Gibraltar

$355 12.4%

Italy

$348 18.9% 1.9% $6.8

Eating Out

Gibraltar

$320 11.1%

Italy

$279 15.1% 12.8% $41

Monthly Utilities & Internet

Gibraltar

$262 9.1%

Italy

$269 14.6% 2.5% $6.7

Clothing & Footwear

Gibraltar

$212 7.4%

Italy

$163 8.9% 23.1% $49

Sport & Entertainment

Gibraltar

$107 3.7%

Italy

$73 4% 32.1% $35

Getting Around

Gibraltar

$27 * 0.9%

Italy

$65 3.5% 142% $38

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Average rent: $2,178 in Gibraltar vs $729 in Italy. For reference, capital cities sit at $2,178 in Gibraltar and $1,297 in Rome.

Average salary: $2,448 in Gibraltar vs $1,890 in Italy. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 199% higher in Gibraltar.

Dining out costs 34% more in Gibraltar.

Salaries are 30% higher in Gibraltar, and purchasing power comes out stronger in Italy.

Good to know

🇬🇮 Gibraltar

🇮🇹 Italy

🕒 Local time

15:24 3:24 PM

Same time as Gibraltar

🌤 Weather

👥 Population

34,003

58,850,717

💱 Currency

Gibraltar Pound GIP £

Euro EUR €

📈 Exchange rate

1 GIP = 1.33 USD

1 GIP = 1.19 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to GIP – Gibraltar Pound Converter

🇺🇸 United States Dollar ($)

🇬🇮 Gibraltar Pound (£)

Gibraltar Pound exchange rates as of October 28, 2026: 1 USD = 0.752 GIP (1 GIP = 1.33 USD). 1 EUR = 0.837 GIP (1 GIP = 1.19 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to GIP in detail →

On the map

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Between locations

Gibraltar Italy 1,660 km ≈ 2 h 30 min nonstop flight

From you

Gibraltar
Italy

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Gibraltar vs Italy: Cost of Living - Frequently Asked Questions

Italy is the cheaper option – living costs run roughly 36% lower on average.

Housing costs more in Gibraltar: a central one-bedroom averages $2,178 versus $729 in Italy.

Italy is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.