Cost of Living in Milan, Italy
Italy · Europe
Cost of Living in Milan: Quick Answer
The average cost of living in Milan, Italy is approximately $2,600 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 72, using New York City as the 100-point benchmark.
$2,600
Monthly Cost
avg/person
72
Cost Index
NYC = 100
70
Rent Index
NYC = 100
76
Quality of Life
Good
58
Safety Index
Moderate
1.4M
Population
EUR
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $14 |
| Meal for 2 (mid-range) | $58 |
| McMeal at McDonald's | $10 |
| Domestic Beer (0.5L) | $4.5 |
| Imported Beer (0.33L) | $5 |
| Cappuccino | $2 |
| Coke/Pepsi (0.33L) | $2.5 |
| Water (0.33L) | $1.8 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $1.2 |
| Bread (500g) | $1.6 |
| Rice (1kg) | $1.8 |
| Eggs (12) | $3.2 |
| Chicken (1kg) | $8 |
| Beef (1kg) | $13 |
| Apples (1kg) | $2.2 |
| Banana (1kg) | $1.2 |
| Tomato (1kg) | $2 |
| Potato (1kg) | $1.1 |
| Onion (1kg) | $1 |
| Water (1.5L) | $0.7 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $2.2 |
| Monthly Pass | $39 |
| Taxi 1km | $2 |
| Gasoline (1L) | $1.9 |
| Volkswagen Golf | $28000 |
| Toyota Corolla | $23000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $200 |
| Mobile Plan | $12 |
| Internet (60 Mbps) | $28 |
| Fitness Club/month | $55 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $1,700/mo |
| 1BR Outside | $1,100/mo |
| 3BR Center | $3,500/mo |
| 3BR Outside | $2,100/mo |
| Price/m² Center | $8,000/m² |
| Price/m² Outside | $4,500/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $2200 |
| Mortgage Interest Rate | 3.8% |
Cost of Living in Milan: Complete Guide
The cost of living in Milan, Italy, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $2,600. The city's cost of living index is 72, compared with a New York City benchmark of 100.
Monthly Expenses in Milan
A typical monthly budget in Milan includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Milan
A one-bedroom apartment outside the city center costs approximately $1,100 per month, while a one-bedroom apartment in the city center costs around $1,700. A three-bedroom apartment in the center averages $3,500 per month.
Average Salary in Milan
The average net salary in Milan is approximately $2,200 per month. Purchasing power is rated 70out of 100.
Is Milan Expensive to Live In?
With a cost of living index of 72,Milan is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Milan
Safety
Milan has a safety score of 58/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Milan is rated 84/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Milan is 65/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Milan has a purchasing power score of 70/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Milan
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Milan should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Milan fits their monthly budget.
Is Milan Affordable?
Affordability depends on income and housing choices. The cost index of 72provides a useful benchmark when comparing Milan with other cities.
Key Cost of Living Facts for Milan
- Average Monthly Cost
- $2,600
- Cost Index
- 72
- Rent Index
- 70
- Average Net Salary
- $2,200
- Quality of Life
- 76/100
- Safety
- 58/100
- Healthcare
- 84/100
- Currency
- EUR
Frequently Asked Questions About Milan
What is the cost of living in Milan?
The estimated cost of living in Milan, Italy, is approximately $2,600 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Milan?
A one-bedroom apartment outside the center costs approximately $1,100 per month, while a one-bedroom apartment in the center costs about $1,700.
Is Milan expensive to live in?
Milan has a cost index of 72 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Milan?
The average net salary in Milan is approximately $2,200 per month.
Is Milan good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Milan is suitable for relocation.