Cyprus vs Italy: tax rates and take-home pay (2026)
On €88,000 (about €88,000) you take home €63,442 in Cyprus and €51,259 in Italy (about €51,259) — Cyprus leaves you 24% more.
At every salary we checked, you keep more in Cyprus.
Take-home pay at eight salary levels
| Salary | Cyprus | Italy | Difference |
|---|---|---|---|
| $25,011€22,000 | $22,148€19,481 | $21,039€18,506 | Cyprus +5% |
| $39,791€35,000 | $33,190€29,194 | $29,536€25,980 | Cyprus +12% |
| $60,255€53,000 | $46,559€40,953 | $38,715€34,054 | Cyprus +20% |
| $79,582€70,000 | $58,614€51,557 | $48,240€42,432 | Cyprus +22% |
| $100,045€88,000 | $72,126€63,442 | $58,275€51,259 | Cyprus +24% |
| $147,794€130,000 | $102,341€90,019 | $82,176€72,282 | Cyprus +25% |
| $204,638€180,000 | $138,311€121,658 | $113,213€99,582 | Cyprus +22% |
| $295,589€260,000 | $197,428€173,658 | $162,872€143,262 | Cyprus +21% |
Cost of living
Compare the cost of living in Limassol and MilanMore comparisons
More for Cyprus
More for Italy
Frequently asked questions
Is tax higher in Cyprus or Italy?
At €88,000, Cyprus takes less of your pay: you keep 72% there, against 58% in Italy.
What is the top tax rate in Cyprus and Italy?
The top income tax rate is 35% in Cyprus and 45.4% in Italy.
How much do I take home on €88,000 in each?
On €88,000 (about €88,000) you take home €63,442 in Cyprus and €51,259 in Italy (about €51,259).
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details