Numbeo

Cost of Living in Milan, Italy

Prices in Milan

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IndexInfo
Consumer Price Index (Excl.Rent): 89.87
Rent Index: 46.26
Groceries Index: 78.54
Restaurants Index: 107.34
Consumer Price Plus Rent Index: 68.60
Local Purchasing Power: 72.30

Currency: Default Currency      Switch to imperial measurement units
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Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 15.00 €
12.00
20.00
Meal for 2, Mid-range Restaurant, Three-course 60.00 €
40.00
80.00
Combo Meal at McDonalds or Similar 8.00 €
7.00
8.00
Domestic Beer (0.5 liter draught) 5.00 €
4.00
5.00
Imported Beer (0.33 liter bottle) 4.00 €
3.00
5.00
Cappuccino (regular) 1.38 €
1.20
1.80
Coke/Pepsi (0.33 liter bottle) 2.28 €
2.00
2.50
Water (0.33 liter bottle) 1.12 €
1.00
1.50
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.31 €
1.00
1.55
Loaf of Fresh White Bread (500g) 1.76 €
1.50
2.00
Rice (white), (1kg) 1.89 €
1.10
2.30
Eggs (12) 2.55 €
2.00
3.20
Local Cheese (1kg) 12.23 €
10.00
15.00
Chicken Breasts (Boneless, Skinless), (1kg) 7.85 €
6.00
9.00
Apples (1kg) 1.91 €
1.50
2.50
Oranges (1kg) 1.69 €
1.30
2.00
Tomato (1kg) 1.91 €
1.30
2.90
Potato (1kg) 1.38 €
1.20
1.50
Lettuce (1 head) 0.90 €
0.60
1.50
Water (1.5 liter bottle) 0.50 €
0.30
0.80
Bottle of Wine (Mid-Range) 5.00 €
4.00
7.00
Domestic Beer (0.5 liter bottle) 1.26 €
1.00
1.50
Imported Beer (0.33 liter bottle) 1.63 €
1.30
2.00
Pack of Cigarettes (Marlboro) 5.00 €
5.00
5.10
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 1.50 €
1.50
1.50
Monthly Pass (Regular Price) 35.00 €
32.00
35.00
Taxi Start (Normal Tariff) 4.60 €
3.20
6.00
Taxi 1km (Normal Tariff) 1.04 €
1.03
1.50
Taxi 1hour Waiting (Normal Tariff) 26.86 €
26.86
27.76
Gasoline (1 liter) 1.77 €
1.70
1.80
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,250.00 €
17,950.00
22,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 130.95 €
100.00
185.45
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 €
0.10
0.20
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 27.35 €
25.00
30.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 60.10 €
50.00
80.00
Tennis Court Rent (1 Hour on Weekend) 17.83 €
15.00
20.00
Cinema, International Release, 1 Seat 8.00 €
7.50
9.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 86.67 €
60.00
100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.40 €
30.00
40.00
1 Pair of Nike Shoes 86.07 €
70.00
100.00
1 Pair of Men Leather Shoes 103.57 €
80.00
120.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 983.33 €
800.00
1,200.00
Apartment (1 bedroom) Outside of Centre 682.61 €
600.00
800.00
Apartment (3 bedrooms) in City Centre 1,938.10 €
1,500.00
2,300.00
Apartment (3 bedrooms) Outside of Centre 1,187.50 €
1,000.00
1,500.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 8,765.00 €
7,000.00
10,000.00
Price per Square Meter to Buy Apartment Outside of Centre 3,366.67 €
3,000.00
3,500.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 1,671.90 €
1,200.00
2,100.00
Mortgage Interest Rate in Percentages (%), Yearly 4.72
3.60
5.50

These data are based on 1898 entries in the past 18 months from 232 different contributors.

Last update: October, 2014

Sources and References : Info
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32 Comments so far

#Student on Jun 22, 2014 :
I'm a university student and I've been living in Milan for 3 years.

The prices are fairly close to the real ones, except for the rent prices which are really off the mark.
In the city centre (in Milan is the first ring around the city and is called "Cerchia dei Bastioni") prices are far higher than the ones stated here.

A studio in the city centre(1 room flat) would probably set you back 1200€/month and a three bedrooms apartment in the same area will cost you around 2500/2800€ a month (I'm talking about real three bedrooms apartments and not the ones in which the living room is converted into an additional bedroom).

The average salary is correct to me.

This was for the prices, now, I'll try to give you guys an idea on what is like to live here
If you are not interested stop reading here, otherwise keep reading.
If you are considering the possibility of moving to Milan don't miss this.

I honestly wouldn't advise anyone to come living here (regardless of the proposed income)
Milan is just a shithole, the standard of living is going down consistently since the '80 with no prospect of a turn around in the foreseeable future.
Lots of companies have gone bankruptcy or are in liquidation due to high level of taxation and as a consequence the unemployed level skyrocketed.

In the service industry (once a time the flagship of Milan wealth and success) is now in distress.
Lots of people have been laid off and is now unbelievably difficult to be hired with an open ended contract (temporary contracts are customary here)
If that were not enough there is a really harsh competition among university students to land a job in the tertiary (which account for the overwhelming majority of all the jobs in Milan) and employers exploit that to grant really ludicrous wages to brilliant young students.
To give an idea, a newly graduate student from a prestigious university with a first honors degree is lucky if he gets 1100€ a month with murky carrier prospect (if any).

Speaking about the city is worth noting:
1) There are almost no cycling lane at all
2) The subway is one of the worst I've ever seen (only three lines fully completed for a city that is pretty large and dispersive)
3) Unlivable conditions during the summer where among mosquitoes and sultriness you will find yourself asking: "Why the hell have I decided to come here?"
4) There is a lack of public parks in the city centre...only two parks among an endless stretch of cement
5) It's getting unsafe because petty crime is on the rise and girls should avoid to walk alone during the night especially in some neighborhoods.
6) The overall level of english spoken is mediocre
7) People can be very stuck up and snobbish especially if compared with the rest of Italy even though there is nothing to feel proud of in living in this shithole

I honestly have problems to find something positive to say about Milan, maybe the only thing that I save is the nightlife

Bottom line: save yourself the hassle of living here...
Half the people I know can't wait to finish university and go away
#James on Jun 01, 2014 :
Hi Guys!

#oirolfa

Of course with 25hundreds bucks you can have a decent living for two. I discovered recently a great service to find very good apartments and flasharing in Milano - it's called Flash Flat, you can find it at the address flashflat.com
It really did help me a lot to find the apartment where I'm living in right now becdause in Milano it's really amazingly difficult.

Cheers!
#oirolfa on May 08, 2014 :
Hi Milanese guys, please let me know what you think...

Is it possible a young couple to have a decent living in Milan with EUR 2.500 / month?

By decent I mean a decent 1 bedroom apartment in a good location and neighborhood (not necessarily in city center), going out 1-2 times per week for socials (dinner, bar - no posh places), no car obviously, buying quality goods in the supermarket and having all the basic utilities like cable, internet, etc.?

Would EUR 2.500 be a tight budget or should I have no problems with that?

Thanks guys for the assistance !!!
#Anonymous on May 06, 2014 :
@Lucian and Anonymys

if that's your desposable income then it's not so bad.. mind you, if you start going out to posh places and clubs (Milan is full of them) you'll find that even €1.5 is pocket change.. so for example if you go clubbing to Byblos, Armani, Just Cavalli etc you'll need to cough up at least €25 for a drink.

Drinks in posh bars cost about €12-€15 on average.. if you go to a nice restaurant with you gf and order a bottle of wine you won't pay less than €80-€100

However, if you avoid posh places and clubs and lead a normal life you should be able to save.
##Lucian on May 04, 2014 :
I am about to move in Milan with the job.
What suburbs do you recommend to live (affordable and decent) but close to city centre?
Thanks
#Anonymous on Apr 29, 2014 :
Hmm, ready to move to Milan soon. Politech di milano gonna pay me scholarship 1500 euros per month (tax free). Wonder if this is enough for living as a student? the tuition and medical insurance are also offered by the university, not me.basically 1500 euros are for living....how much I can save???
#Esra GC on Apr 09, 2014 :
I lived there for four years in a big Italian company with Customer care role (in 2006-2007)
My salary was 1400 euro after tax cut.
An average food shopping from Esselunga 70-100 euro per week.The rent was 750 euro in the center for a one bedroom apartment.
My husband was a manager in a logistics company with net 2300 euro.
Kindergardens (a.k.a. asilo) is about 100 euro outside of the city but we were paying 350 euro to nanny that she was taking care of our 3yrs old boy for 4 hours ,five times in a week.
I am glad that we moved out of Milan.
#Anonymous on Mar 27, 2014 :
I know a lot of English teachers.. it depends.. most of them make a few hundred euros 'under the table' by giving private lessons.

Depends on your business acumen and how many students you get.. I work in an American company here and we pay our English teachers well..

I'd say that you should be able to make around €2.000 or even more depending on the number of lessons.

with that kind of money you'd be better off in the suburbs. Trust me
#Sanne on Mar 24, 2014 :
I'm possibly moving to Milan with my fiancée, any advice on where to live? And how much should I expect to spend monthly? I'm an English teacher, are these jobs decent pay? Do you recommend any companies? I have university experience of 7 years, and a masters.
#Anonymous on Mar 19, 2014 :
Frankiee
we're talking about the average salary, not what graduates get.
Besides, graduates who get hired by a big firm, even if they get €1.200, they get 14 salaries which means €1.500 in 12 instalments which is not that bad after all

Milan is a happy place in a depressed country (right now)
#Frankie on Mar 15, 2014 :
€ 2000 after taxes??!! It's BULLSHIT. Now what you can get (a graduate straight out from college, even an engineer) is about €500-650 per month, as you get a job as an intern even though it's a regular job 8 hours day. The Italian law allows them 2 cheat you. When you get a standard contract, salaries are about € 100O-1200 net. Of course there are well-off people but NOT many. Plus I have to say that social services are not that good, defo NOT as good as they may be in Scandinavia. I am Italian and I've lived in Milan 2. Though I have 2 say that it is REALLY a great city, not touristy, but really cool 2 live there. The city of fashion, soccer, clubs and a LOT of super dressed up STUNNING gals!!!
#Anonymous on Feb 24, 2014 :
I tend to agree with most comments - Salaries in Milan are way above the Italian average, especially if you work in multinational companies..
I'd say that it's closer to €2.000 after tax..

Anyway Milan is really expensive - if you want to live somewhere decent and central, don't even think about moving here unless you salary is at least €70,000 gross.. which, just so you know, is about €3,200 x 13.. Tax rates are crazy in Italy
#Francesco on Feb 22, 2014 :
The average net salary in Italy according to Istat was in late 2013 1925 €.Strange numbers here for Italy...where do you find them??)
#Sergio on Dec 01, 2013 :
I agree with Igor and Claudio.The average net salary in Milan is around 2125 € as tax angencies reported.In Italy according to the last data of Istat ( the official statistic institution in Italy) the average net salary grew in the last year of the 1.45% and the average net salary is 1614€.
#MCP on Nov 15, 2013 :
@ Dj Ivan - A lot really depends on where you will be living and what type of lifestyle you want. Keep in mind that Milan is relatively small and the official city center (Cerchi dei Bastioni) is also small and exclusive, so you would probably not live in that area. To me, all the rental costs stated are very low. If you look on Google maps, the center is the inner most ring of streets that start from the castle - it is pretty clear when you zoom in. From one end to the other takes 20 minutes of walking.

I currently live in Milan just outside the official center but in a nice area. I rent a 3 bedroom for €2,900 - within the center it would easily be another 500/1,000 per month. You would be hard pressed to find a decent one bedroom for a professional in an acceptable neighborhood for under €1,000.

For the salary, it varies widely. The average person brings home very little - net of around €1,200. The important thing is to ask your company to calculate what your Net pay would be. Italy has very high taxes and your car benefit is partially taxable.

I have been here 14 years and Milan used to be affordable, but costs have gone up a lot in the last 5 years.
#Anonymous on Nov 14, 2013 :
DJ IVAN - that's what i make approx.. trust me, with that kind of money you could live like a King in most German cities - here, you can live decently but definitely not like a king.
First of all, the monthly paycheck is about €2.500-€2.700 depending on how many instalments you have (i have 13 salaries x 2.600net = €65,000 gross).. My rent is €1.100.. it means that i have to live on the remaining €1,400 which is not much considering that an aperitivo on average costs €8-10, a meal for two €65 etc etc..
Furthermore, Milan has a lot of high-end bars, restaurants etc etc but offers little in between..
Conclusions: with that kind of money, go to Rome. or stay in Frankfurt
#Igor on Nov 14, 2013 :
The average salary for Italy is more or less in line with what I've read in other surveys (UBS, Michael Page).. However, the average paycheck in Milan is A LOT HIGher than what stated here..
Milan, in terms of prices, is very close to Paris but salaries are about 20% lower..
the average salary in Milan is at least €2.000 after tax.
#Claudio on Oct 18, 2013 :
In Italy the average net salry is 1591 € according to EUROSTAT, and not 1500 as you wrote.In Milan the average salary is 2125 € according to Agenzia delle Entrate (Tax Agency).Here all it's totally wrong.
#Dj Ivan on Oct 05, 2013 :
For a single man: Would be a gross salary of 65k + company car per year enough to live normally in Milan?
I have the option to work in our italian office in Milan for 2 years (currently living in Frankfurt, Germany), but they are not offering me a higher salary than currently.
#Mladen on Jun 16, 2013 :
Please provide accurate prices, not the difference in what you've seen and what you think. It's not helpful.
#Anonymous on Jun 14, 2013 :
Add 500€ both for "Apartment (1 bedroom) in City Centre" and "Apartment (3 bedrooms) in City Centre" and you have a more accurate index of the real prices.

And I repeat, that if we consider "city centre" the part of Milan inside the "cerchia dei bastioni" so do I.

Unfortunately there isn't an agreement regarding what people consider "city centre"....some people are inclined to consider city centre all the part of the city that is within the area called "circonvallazione", but I (and many others) don't agree with this definition.
#Mladen on Jun 14, 2013 :
Regarding previous comment, it would be actually more beneficial to contribute rental prices in Milan, rather than criticize, since this is crowdsourcing based project.
#Anonymous on Jun 14, 2013 :
These prices aren't completely accurate.
The rent index is totally incorrect.
Apartment 1 bedroom in city centre (if we consider city centre the part of the city inside the "cerchia dei bastioni") is way more expensive than 900€/month (at least the decent ones).
And the same matter is for the apartment (3 bedrooms) inside the city centre: it costs more than the price mentioned above.

The net salary is roughly correct, though there is a huge difference among people.

Regarding the previous discussion about the income I have to say that the survey doesn't say: "median monthly disposable income" but instead say: "median monthly disposable salary".
There is a huge difference between salary and income.
Salary is only the amount of money that the worker get for his/her work/service.

Income is an "all-in" and it includes also other things such as the amount of money that a person get for his/her investments (for exemple portfolio investment), the money he/her can get for the rent of an apartment ecc ecc.

Having said that, of course the "median monthly disposable income" is higher than the salary one but this survey asks for the salary not the income thus the amount is fairly correct.

I live in Milan.
#Anonymous on May 02, 2013 :
In Milan average net income per capita is 2125€/month.Are these datas from Burkina Faso?
#Anonymous on Jan 05, 2013 :
You are misunderstanding incomes with salaries.Incomes (redditi tutti comprese pensioni,autonomi ,ecc.) net after taxes are 1433 € per cpita in Italy.Salaries that are different (cioe' salari di dipendenti netti medi) are 1662€.
#Anonymous on Dec 21, 2012 :
The official average is important not the false perception.Official NET average income per person is 1630€ /month in Italy.Milan is widely above this level.
#ego on Dec 16, 2012 :
Hm, I know a lot of people working in Milan and they make way less than 1800 per month.
#Anonymous on Dec 13, 2012 :
Official italian average income is 1630 e per capita.It's impossible that Mialn is just 1825.Your site is dated.
#Lorenzo on Oct 18, 2012 :
Its' much higher average monthly net income in Milan.Above 2000 € widely.
#Lorenzo on Oct 18, 2012 :
Considering that net income per month per capita in Italy was 1587€,Milan average isn't true in this site.
#Mladen on Mar 10, 2012 :
New data will take over old data in time.... more entries are needed. Thanks
#Carlo on Mar 09, 2012 :
I inserted up to date data but it don't update

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