13.1% above the Italy average
Ranked #63 of 558 cities · More expensive than 88.7% of cities worldwide
Compared to Italy average
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | EUR 1,474/mo ≈ $1,715 | EUR 1,030/mo ≈ $1,199 | 30% |
| 3-Bedroom | EUR 3,004/mo ≈ $3,496 | EUR 1,844/mo ≈ $2,145 | 30% |
Prices
Prices in local currency, cross-referenced from multiple independent sources. August 2026.
Milan has a composite cost index of 54.6 from 3 independent data sources.
Based on 106 country PLI x 1.12 city factor
Milan is expensive by global standards (ranked #63 of 558 cities). It is 13.1% more expensive than the Italy average, based on 22 cities.
Groceries are expensive, while dining out is expensive. Restaurants offers the best value, while Rent is the priciest.
Local purchasing power is limited — residents can afford fewer goods and services than in most cities.
Workers in Italy earning EUR 50,000 gross take home EUR 2,706/month after tax (35.1% effective rate). See full Italy tax calculator →
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