31.2% above the Italy average
Ranked #98 of 577 cities · More expensive than 83% of cities worldwide
Compared to Italy average · See Italy ranking →
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | EUR 1,503/mo ≈ $1,689 | EUR 1,028/mo ≈ $1,156 | 32% |
| 3-Bedroom | EUR 3,079/mo ≈ $3,460 | EUR 1,814/mo ≈ $2,038 | 41% |
Prices in local currency, cross-referenced from multiple independent sources. October 2026.
Milan has a cost of living index of 54.3 (New York = 100, rent included), the average of 4 of 4 data sources.
ShouldIMove price index: our own basket of real item prices plus rent.
Based on 106 country PLI x 1.12 city factor
Milan is expensive by global standards (ranked #98 of 577 cities). It is 31.2% more expensive than the Italy average, based on 23 cities.
Groceries are expensive and dining out is expensive. The best value is restaurants and the priciest is rent.
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 →
Add your current city and salary to compare your take-home pay and living costs with Milan.
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