How much do Cardinals really earn at the Vatican?
Discover the monthly salaries of Vatican cardinals, the benefits they receive, and the recent financial reforms implemented under Pope Francis to address the Holy See's budget deficit.
As the Vatican and the Catholic Church face public attention due to the conclave following the death of Pope Francis, the financial remuneration of Vatican cardinals has long been a topic of interest.
However, recent reforms enacted by Pope Francis before his passing, along with some disclosures, have shed light on the compensation structures for top officials, particularly the cardinals.
ALSO SEE: Who is Sister Genevieve Jeanningros? The nun who defied protocol to say goodbye to Pope Francis
Cardinals' monthly salaries
While cardinals' salaries may not be as exorbitant as some may believe, it is not little either. Cardinals at the head of various departments within the Vatican have a monthly income between €4,000 and €5,500, intended not only for their personal expenses, but also for their administrative expenses associated with their roles
Cardinals in the Vatican receive monthly salaries ranging from €4,000 to €5,000, along with benefits like discounted housing, medical care, and exclusive privileges. Photo: AFP
In addition to their salaries, cardinals also have a range of benefits which make their positions financially comfortable, such as:
- Subsidized Housing: Many reside in Vatican-owned apartments at rates significantly below market value.
- Tax-Free Shopping: Access to duty-free stores within Vatican City.
- Comprehensive Healthcare: Full medical coverage provided by the Vatican.
Pope Francis' financial reforms
After the COVID-19 pandemic, and in response to the budget deficits, Pope Francis began several cost-cutting measures, such as:
St. Peter's Square, where the financial operations of the Holy See are shaped by donations, tourism, and investments, funding the salaries and projects of the Church. Photo: EFE
- Salary Reductions: In March 2021, a 10% pay cut was implemented for cardinals.
- Elimination of Allowances: By November 2024, additional monthly allowances, such as those for personal secretaries, were discontinued, effectively reducing cardinal incomes by approximately €500.
These reforms align with Pope Francis' vision of a more austere and financially transparent Church administration.
