Cost of Living Comparison Between Palermo and Milan 

Indices DifferenceInfo
Consumer Prices in Milan are 29.4% higher than in Palermo (without rent)
Consumer Prices Including Rent in Milan are 59.1% higher than in Palermo
Rent Prices in Milan are 185.8% higher than in Palermo
Restaurant Prices in Milan are 51.9% higher than in Palermo
Groceries Prices in Milan are 22.7% higher than in Palermo
Local Purchasing Power in Milan is 16.3% lower than in Palermo
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Palermo Edit Milan Edit Difference
Meal, Inexpensive Restaurant 12.00 € 20.00 €      +66.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 € 80.00 €      +60.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 10.00 €      +11.1 %
Domestic Beer (1 pint draught) 4.50 € 6.00 €      +33.3 %
Imported Beer (12 oz small bottle) 4.00 € 5.00 €      +25.0 %
Cappuccino (regular) 1.75 € 1.96 €      +12.1 %
Coke/Pepsi (12 oz small bottle) 1.91 € 2.88 €      +50.9 %
Water (12 oz small bottle) 1.02 € 1.46 €      +43.6 %
Markets
Palermo Edit Milan Edit
Milk (regular), (1 gallon) 4.73 € 6.01 €      +27.1 %
Loaf of Fresh White Bread (1 lb) 1.32 € 2.20 €      +65.8 %
Rice (white), (1 lb) 1.09 € 1.54 €      +41.9 %
Eggs (regular) (12) 2.60 € 4.01 €      +54.2 %
Local Cheese (1 lb) 5.10 € 7.34 €      +43.9 %
Chicken Fillets (1 lb) 4.72 € 5.35 €      +13.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.14 € 9.21 €      +28.9 %
Apples (1 lb) 1.10 € 1.04 €      -5.5 %
Banana (1 lb) 1.00 € 0.88 €      -11.3 %
Oranges (1 lb) 0.97 € 1.15 €      +18.7 %
Tomato (1 lb) 1.36 € 1.54 €      +13.2 %
Potato (1 lb) 0.68 € 0.77 €      +13.8 %
Onion (1 lb) 0.48 € 0.76 €      +59.4 %
Lettuce (1 head) 1.67 € 1.32 €      -20.5 %
Water (1.5 liter bottle) 0.36 € 0.52 €      +43.5 %
Bottle of Wine (Mid-Range) 5.00 € 7.00 €      +40.0 %
Domestic Beer (0.5 liter bottle) 1.84 € 1.80 €      -2.6 %
Imported Beer (12 oz small bottle) 2.20 € 2.15 €      -2.2 %
Cigarettes 20 Pack (Marlboro) 5.50 € 6.00 €      +9.1 %
Transportation
Palermo Edit Milan Edit
One-way Ticket (Local Transport) 1.40 € 2.20 €      +57.1 %
Monthly Pass (Regular Price) 31.00 € 39.00 €      +25.8 %
Taxi Start (Normal Tariff) 8.18 € 7.00 €      -14.4 %
Taxi 1 mile (Normal Tariff) 1.35 € 3.22 €      +138.1 %
Taxi 1hour Waiting (Normal Tariff) 30.00 € 33.00 €      +10.0 %
Gasoline (1 gallon) 7.15 € 7.05 €      -1.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00 € 26,000.00 €      +13.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,800.00 € 30,046.67 €      +26.2 %
Utilities (Monthly)
Palermo Edit Milan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 183.54 € 250.42 €      +36.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 12.72 € 9.89 €      -22.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.10 € 26.89 €      +3.0 %
Sports And Leisure
Palermo Edit Milan Edit
Fitness Club, Monthly Fee for 1 Adult 37.50 € 66.41 €      +77.1 %
Tennis Court Rent (1 Hour on Weekend) 28.75 € 32.24 €      +12.1 %
Cinema, International Release, 1 Seat 8.00 € 10.00 €      +25.0 %
Childcare
Palermo Edit Milan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 206.67 € 794.31 €      +284.3 %
International Primary School, Yearly for 1 Child 6,400.00 € 14,296.64 €      +123.4 %
Clothing And Shoes
Palermo Edit Milan Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.62 € 90.68 €      +49.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 € 34.64 €      +15.5 %
1 Pair of Nike Running Shoes (Mid-Range) 73.62 € 99.15 €      +34.7 %
1 Pair of Men Leather Business Shoes 97.00 € 137.24 €      +41.5 %
Rent Per Month
Palermo Edit Milan Edit
Apartment (1 bedroom) in City Centre 583.33 € 1,424.14 €      +144.1 %
Apartment (1 bedroom) Outside of Centre 387.50 € 944.44 €      +143.7 %
Apartment (3 bedrooms) in City Centre 835.56 € 2,940.57 €      +251.9 %
Apartment (3 bedrooms) Outside of Centre 700.00 € 1,853.56 €      +164.8 %
Buy Apartment Price
Palermo Edit Milan Edit
Price per Square Feet to Buy Apartment in City Centre 144.00 € 856.95 €      +495.1 %
Price per Square Feet to Buy Apartment Outside of Centre 88.26 € 451.40 €      +411.5 %
Salaries And Financing
Palermo Edit Milan Edit
Average Monthly Net Salary (After Tax) 1,272.22 € 1,694.01 €      +33.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.68 4.45      -4.9 %
Last update: February 2024March 2024
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