Cost of Living Comparison Between Milan and Faro 
| Indices Difference |  |
|---|---|
| Consumer Prices in Faro are 35.6% lower than in Milan (without rent) | |
| Consumer Prices Including Rent in Faro are 38.8% lower than in Milan | |
| Rent Prices in Faro are 45.1% lower than in Milan | |
| Restaurant Prices in Faro are 48.2% lower than in Milan | |
| Groceries Prices in Faro are 35.4% lower than in Milan | |
| Local Purchasing Power in Faro is 63.6% higher than in Milan | |
Restaurants | Milan Edit |
Faro Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 € | 9.00 € | -55.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 € | 40.00 € | -50.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 € | 7.50 € | -25.0 % |
| Domestic Beer (1 pint draught) | 6.00 € | 1.50 € | -75.0 % |
| Imported Beer (12 oz small bottle) | 5.00 € | 2.50 € | -50.0 % |
| Cappuccino (regular) | 1.96 € | 2.33 € | +19.3 % |
| Coke/Pepsi (12 oz small bottle) | 2.87 € | 1.43 € | -50.3 % |
| Water (12 oz small bottle) | 1.44 € | 1.05 € | -27.0 % |
Markets | Milan Edit |
Faro Edit | |
| Milk (regular), (1 gallon) | 6.12 € | 3.71 € | -39.4 % |
| Loaf of Fresh White Bread (1 lb) | 2.18 € | 1.46 € | -33.1 % |
| Rice (white), (1 lb) | 1.52 € | 0.84 € | -44.7 % |
| Eggs (regular) (12) | 3.95 € | 2.38 € | -39.9 % |
| Local Cheese (1 lb) | 7.25 € | 5.22 € | -28.0 % |
| Chicken Fillets (1 lb) | 5.38 € | 2.95 € | -45.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.21 € | 4.96 € | -46.1 % |
| Apples (1 lb) | 1.03 € | 0.96 € | -6.4 % |
| Banana (1 lb) | 0.89 € | 0.58 € | -35.2 % |
| Oranges (1 lb) | 1.13 € | 0.58 € | -48.9 % |
| Tomato (1 lb) | 1.56 € | 0.78 € | -49.9 % |
| Potato (1 lb) | 0.76 € | 0.55 € | -27.9 % |
| Onion (1 lb) | 0.75 € | 0.86 € | +14.3 % |
| Lettuce (1 head) | 1.30 € | 0.85 € | -34.2 % |
| Water (1.5 liter bottle) | 0.53 € | 0.78 € | +47.2 % |
| Bottle of Wine (Mid-Range) | 7.00 € | 5.00 € | -28.6 % |
| Domestic Beer (0.5 liter bottle) | 1.86 € | 1.02 € | -44.9 % |
| Imported Beer (12 oz small bottle) | 2.12 € | 1.62 € | -23.6 % |
| Cigarettes 20 Pack (Marlboro) | 6.00 € | 5.05 € | -15.8 % |
Transportation | Milan Edit |
Faro Edit | |
| One-way Ticket (Local Transport) | 2.20 € | 3.00 € | +36.4 % |
| Monthly Pass (Regular Price) | 39.00 € | 24.00 € | -38.5 % |
| Taxi Start (Normal Tariff) | 7.00 € | 2.90 € | -58.6 % |
| Taxi 1 mile (Normal Tariff) | 3.22 € | 1.61 € | -50.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 33.27 € | 17.00 € | -48.9 % |
| Gasoline (1 gallon) | 7.07 € | 6.30 € | -10.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 28,000.00 € | 35,000.00 € | +25.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 30,842.86 € | 34,380.00 € | +11.5 % |
Utilities (Monthly) | Milan Edit |
Faro Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 258.82 € | 121.56 € | -53.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 9.24 € | 17.25 € | +86.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 26.98 € | 29.75 € | +10.3 % |
Sports And Leisure | Milan Edit |
Faro Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 64.60 € | 31.00 € | -52.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 31.91 € | 9.00 € | -71.8 % |
| Cinema, International Release, 1 Seat | 10.00 € | 7.50 € | -25.0 % |
Childcare | Milan Edit |
Faro Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 803.40 € | 405.00 € | -49.6 % |
| International Primary School, Yearly for 1 Child | 13,172.09 € | 10,200.00 € | -22.6 % |
Clothing And Shoes | Milan Edit |
Faro Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 92.94 € | 44.00 € | -52.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.04 € | 30.00 € | -16.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 98.74 € | 63.33 € | -35.9 % |
| 1 Pair of Men Leather Business Shoes | 142.26 € | 50.00 € | -64.9 % |
Rent Per Month | Milan Edit |
Faro Edit | |
| Apartment (1 bedroom) in City Centre | 1,433.60 € | 806.25 € | -43.8 % |
| Apartment (1 bedroom) Outside of Centre | 952.42 € | 700.00 € | -26.5 % |
| Apartment (3 bedrooms) in City Centre | 2,897.95 € | 1,290.00 € | -55.5 % |
| Apartment (3 bedrooms) Outside of Centre | 1,877.05 € | 1,137.50 € | -39.4 % |
Buy Apartment Price | Milan Edit |
Faro Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 852.51 € | 247.74 € | -70.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 443.90 € | 185.80 € | -58.1 % |
Salaries And Financing | Milan Edit |
Faro Edit | |
| Average Monthly Net Salary (After Tax) | 1,726.78 € | 1,728.00 € | +0.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.39 | 4.75 | +8.2 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 395 | 23 |
Moving to Milan? Explore:
Moving to Faro? Explore:
Cities near Milan: | Cost of Living in Monza | 14.03 miles |
| Cost of Living in Pavia | 24.69 miles |
| Cost of Living in Como | 31.05 miles |
| Cost of Living in Novara | 32.50 miles |
| Cost of Living in Bergamo | 34.83 miles |
| Cost of Living in Varese | 35.45 miles |
| Cost of Living in Vercelli | 46.99 miles |
| Cost of Living in Brescia | 64.52 miles |
| Cost of Living in Turin | 87.74 miles |
| Cost of Living in Genoa | 90.08 miles |
Cities near Faro: | Cost of Living in Tavira | 23.42 miles |
| Cost of Living in Portimao | 41.90 miles |
| Cost of Living in Setubal | 153.72 miles |
| Cost of Living in Pinhal Novo | 153.90 miles |
| Cost of Living in Barreiro | 164.11 miles |
| Cost of Living in Amora | 164.75 miles |
| Cost of Living in Seixal | 164.99 miles |
| Cost of Living in Sesimbra | 174.48 miles |
| Cost of Living in Amadora | 177.25 miles |
| Cost of Living in Rio de Mouro | 183.01 miles |