Net salary Financial Analyst (FP&A): Amsterdam vs Milan (2026)
For a Financial Analyst (FP&A) (Mid (3-7 yrs) profile), in 🇳🇱 Amsterdam the market pays roughly €69,000 gross: after taxes and contributions you're left with €3,977/month, but with a cost of living around €3,407 the real savings come to €570/month. In 🇮🇹 Milan the market gross is ~€44,000, the net €2,433/month and, with ~€2,345 in expenses, real savings are €88/month.
The difference is €483/mo in favour of Amsterdam — that's €5,791 a year, and about €33,671 over 5 years if you reinvest the difference at 6% annually. A higher gross, on its own, proves nothing: what counts is what stays.
The comparison, number by number
| 🇳🇱 Amsterdam | 🇮🇹 Milan | |
|---|---|---|
| Gross salary (estimate) | €58k–€80k | €35k–€52k |
| Net / month | €3977 | €2433 |
| Rent | −€2352 | −€1468 |
| Food & groceries | −€373 | −€345 |
| Transport | −€116 | −€45 |
| Utilities | −€211 | −€185 |
| Personal expenses | −€355 | −€302 |
| Cost of living / month | −€3407 | −€2345 |
| Real savings / month | +€570 | +€88 |
| Wealth after 5 years (6%/yr) | €39.791 | €6.121 |
The factor almost everyone ignores
By moving to 🇮🇹 Milan you could qualify for the Regime impatriati, the tax break for people relocating from abroad. On the market salary it's worth roughly +€692/mo net — which would lift real savings to +€780/mo. It's a huge advantage, but eligibility (prior residence, contract type, thresholds) must be verified individually.
The indifference threshold
In Amsterdam you already save more than in Milan: no raise needed to stay ahead.
How these numbers are calculated
Estimated market salaries (Robert Half, Hays, Morgan McKinley, Levels.fyi 2025-26); taxes on employment income, single with no children, 2025-26 rates with local surtaxes; cost of living for 1 person (Numbeo + official sources). These are indicative estimates, not tax advice. Full methodology → · Disclaimer.
Frequently asked questions
Is Milan or Amsterdam better for a Financial Analyst (FP&A)?
After taxes and cost of living, a Financial Analyst (FP&A) (Mid (3-7 yrs) profile) saves about €570/month in Amsterdam, versus €88/month in Milan: €483/month more in Amsterdam.
How much do you actually save per month in Amsterdam?
On a market salary of ~€69,000 gross, the net is ~€3,977/month; after a cost of living of ~€3,407, you're left with about €570/month.
Does the expat regime change the comparison?
Yes: in Milan the Regime impatriati is worth about +€692/month net, if you meet the requirements. It must be verified individually.