🇮🇹 Italy · #66 of 538 cities · 2026

Cost of Living in Milan

12.2% above the Italy average

Ranked #66 of 538 cities · More expensive than 87.7% of cities worldwide

Compared to Italy average

Rent Prices

Rent Prices in Milan

Apartment City Centre Outside Centre You Save
1-Bedroom EUR 1,474/mo ≈ $1,716 EUR 1,030/mo ≈ $1,200 30%
3-Bedroom EUR 3,004/mo ≈ $3,498 EUR 1,844/mo ≈ $2,147 30%
Numbeo · 2026-03-12

Multi-Source Comparison

★★★ High Confidence

Milan has a composite cost index of 54.6 from 3 independent data sources.

54.6
Composite
3
Sources
1.1
Spread

Source Values (NYC = 100)

Numbeo
54.6
Expatistan
47.8
LivingCost
No data
SIM
50.3
Eurostat Validation (EU27 = 100) Gov. Data
Eurostat
118.7

Based on 106 country PLI x 1.12 city factor

View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
+12.2% Expensive
Rent
+17.0% Expensive
Groceries
+9.6% Expensive
Restaurants
+10.5% Expensive
Purchasing Power
-14.7% Weak

Living in Milan: What to Expect

Milan is expensive by global standards (ranked #66 of 538 cities). It is 12.2% more expensive than the Italy average, based on 21 cities.

Groceries are expensive, while dining out is expensive. Groceries 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 2,677/month after tax (35.8% effective rate). See full Italy tax calculator →

Similar Cities

How Does Milan Compare?

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