Cost of Living in Milan, Italy
Italy
Quick City Vital Stats
Rent (1 Bed Center)
€1,450 ($1,580)
Avg Net Income
4.15%
Local Cappuccino
€1.90 ($2.07)
Flight Options
0 Routes
Milan is Italy's economic engine and global fashion capital, offering a high-paced urban lifestyle that blends historical grandeur with modern innovation. As the most expensive city in Italy, Milan commands a premium for housing and services. However, residents benefit from the country's best public infrastructure, a thriving job market in finance and design, and a world-class culinary scene. While the cost of living is high compared to southern Italy, it remains more accessible than major hubs like London or New York, especially when factoring in the high quality of public healthcare and transport.
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Rent & Housing Prices in Milan
3bed center€2,900 ($3,160)
3bed outside€1,850 ($2,015)
1bed outside€1,000 ($1,090)
1bed center€1,450 ($1,580)
Food & Dining Costs in Milan
Meal, Inexpensive Restaurant€20.00 ($21.80)
Meal for 2, Mid-range, 3-course€85.00 ($92.65)
McMeal at McDonalds€10.50 ($11.45)
Cappuccino (Regular)€1.90 ($2.07)
Domestic Beer (0.5L draught)€6.00 ($6.55)
Loaf of Fresh White Bread (500g)€2.20 ($2.40)
Transportation & Commuting
monthly pass€39.00 ($42.50)
gasoline 1L€1.88 ($2.05)
taxi start€5.00 ($5.45)
one way ticket€2.20 ($2.40)
Salary & Financing
mortgage rate 20yr4.15%
Verified crowdsourced average
avg salary net€1,980 ($2,160)
Verified crowdsourced average
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Quality of Life in Milan
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Milan offers an exceptional quality of life characterized by its efficient ATM transport network and proximity to the Italian Lakes and Alps. Healthcare is excellent, though the public system can have wait times for non-urgent matters. The city faces challenges with air quality and high humidity, particularly in the Po Valley. Safety is generally high, though standard urban precautions are advised in crowded tourist areas like Piazza del Duomo and near the main train station (Centrale).
3 Days in Milan: A Budget Itinerary
Day 1 Itinerary
Morning visit to the Duomo (climb the terraces for a fee or view the exterior for free). Walk through Galleria Vittorio Emanuele II to Sforza Castle. Spend the afternoon relaxing in Parco Sempione.
Day 2 Itinerary
Explore the artistic Brera district and the Pinacoteca di Brera. Head to the Navigli district in the late afternoon for a classic Milanese 'Aperitivo' where a drink purchase often includes a buffet of snacks.
Day 3 Itinerary
Window shopping in the Quadrilatero della Moda. Visit the vertical forest (Bosco Verticale) in the modern Porta Nuova district, followed by a walk through the innovative CityLife shopping and residential area.
Popular Flights to Milan
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