One of the most beautiful countries in the world is also a bargain destination for British people looking to live abroad.
As January drags on along with the cost of living crisis and strikes, Brits would be forgiven for dreaming of leaving it all behind and moving to somewhere a little more sunny.
Traditionally those looking to escape these drizzly shores have looked towards Spain's more anglicised areas to settle down.
According to a new piece of analysis by YourOverseasHome, Italy is in fact the cheapest destination for British people to live of seven nations studied.
Not only is the country blessed with hundreds of miles of beautiful coastline, arguably the best cuisine in the world and an excellent train network, it is now also a bit of a bargain.
Groceries are generally far cheaper in Italy than in the UK, with an excellent selection of fresh vegetables, bread and meat easy to come by in most regions.
To fill your basket with the 17 basic items in Italy, you should expect to pay around £48.82, while the UK is almost 40% more expensive.
Delicious staples such as fish, chocolate and gin are more than double the price in the UK than in Italy, although Brits are saving money on icebergs as the UK is the cheapest country studied for lettuce.
Brits could also save on housing costs in Italy, with the price of decorating supplies or a domestic cleaner significantly lower than in the UK.
When it comes to decking out your home Italy comes out on top, as electrical items such as a TV or an Amazon Alexa Echo Doc are cheaper there.drake anA cappuccino can be bought in an Italian cafe for just £1 on average, compared to around £3.20 in the UK.
Big foodies may want to opt for Spain instead where eating out is the cheapest of all the countries analysed.
A three course meal will set you back just £13 on average in the holiday hotspot.
Surprisingly, eating out apparently costs the most in Greece, where a three-course meal in a mid-range restaurant will set you back about £37.
Brits could also save on leisure activities by moving abroad, with the price of a cinema ticket far more expensive in the UK than in the other countries analysed.
Before you sell up your home, head for the nearest airport and buy the first villa you spot in Italy, it is worth doing a deep dive into all aspects of life abroad.
Some things are much cheaper in the UK than in other European countries, such as paracetamol, which sells for almost 10 times the price in Italy.
Greece has the highest fuel prices at £86 for 50 litres of unleaded petrol compared to the UK’s £81.
While we’ve certainly not got it cheap in the UK when it comes to energy, electricity is still more expensive in Italy.
The cheapest country's to live in
- Italy
- Greece
- Portugal
- France
- Spain
- Germany
- UK
Christopher Nye, chief editor at YourOverseasHome.com, said: “We know that thousands of Britons are considering moving abroad, more so than ever.
"UK natives are looking to jump ship to avoid high energy costs and neverending price rises.
“But if you’re moving under the assumption that you’ll be getting more for your money, you could very well be jumping from the frying pan into the fire, as prices have shot up across the eurozone too.”
