Big Savings and New Beginnings
Tony and Francine Smarrelli, retired teachers from Syracuse, New York, drastically cut their living expenses after moving to Italy. Their monthly costs dropped by nearly $3,000 compared to their life in the US.
Affordable Living in Italy
The Smarrellis, both in their mid-70s and of Italian descent, decided to settle in the coastal town of Scalea, Calabria, in December 2023. Before moving, their monthly expenses in the US ranged from $4,800 to $5,000. Now, living in Italy, they spend about $1,200 a month.
Finding Their Dream Home
They purchased a 1,500-square-foot, three-bedroom home in Scalea for €150,000 (around $162,000) after seeing an ad posted by an American real estate agency. The couple spent an additional €80,000 (about $86,500) renovating the property, adding new plumbing, electric systems, and two bathrooms.
Choosing Italy for a Better Life
The couple was drawn to the quality of life, scenic views, and slower pace in Italy. They realized that similar coastal properties in the US would have been far more expensive, likely costing between $1 million to $2 million in California or the Eastern Seaboard.
Lower Costs, Higher Quality of Life
Italy’s lower cost of living allowed the Smarrellis to enjoy a more comfortable lifestyle. Their expenses include dining out, which costs them between $400 to $500 a month, while utilities, internet, and phone services are significantly cheaper than in the US.
Final Thoughts
The Smarrellis believe that moving to Italy was the right decision, not only for the financial savings but also for the lifestyle change. They appreciate the cultural connection to their Italian roots and the slower, more relaxed pace of life they now enjoy.