Cost of Living Comparison Between Faro and Milan 

Indices DifferenceInfo
Consumer Prices in Milan are 55.3% higher than in Faro (without rent)
Consumer Prices Including Rent in Milan are 63.5% higher than in Faro
Rent Prices in Milan are 82.1% higher than in Faro
Restaurant Prices in Milan are 93.1% higher than in Faro
Groceries Prices in Milan are 54.7% higher than in Faro
Local Purchasing Power in Milan is 38.4% lower than in Faro
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Faro Edit Milan Edit Difference
Meal, Inexpensive Restaurant 9.00 € 20.00 €      +122.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 80.00 €      +100.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.50 € 10.00 €      +33.3 %
Domestic Beer (1 pint draught) 1.50 € 6.00 €      +300.0 %
Imported Beer (12 oz small bottle) 2.50 € 5.00 €      +100.0 %
Cappuccino (regular) 2.33 € 1.96 €      -16.2 %
Coke/Pepsi (12 oz small bottle) 1.43 € 2.87 €      +101.1 %
Water (12 oz small bottle) 1.05 € 1.44 €      +36.9 %
Markets
Faro Edit Milan Edit
Milk (regular), (1 gallon) 3.71 € 6.12 €      +65.0 %
Loaf of Fresh White Bread (1 lb) 1.46 € 2.18 €      +49.6 %
Rice (white), (1 lb) 0.84 € 1.52 €      +80.9 %
Eggs (regular) (12) 2.38 € 3.95 €      +66.5 %
Local Cheese (1 lb) 5.22 € 7.25 €      +38.9 %
Chicken Fillets (1 lb) 2.95 € 5.38 €      +82.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.96 € 9.21 €      +85.5 %
Apples (1 lb) 0.96 € 1.03 €      +6.9 %
Banana (1 lb) 0.58 € 0.89 €      +54.2 %
Oranges (1 lb) 0.58 € 1.13 €      +95.6 %
Tomato (1 lb) 0.78 € 1.56 €      +99.5 %
Potato (1 lb) 0.55 € 0.76 €      +38.6 %
Onion (1 lb) 0.86 € 0.75 €      -12.5 %
Lettuce (1 head) 0.85 € 1.30 €      +52.0 %
Water (1.5 liter bottle) 0.78 € 0.53 €      -31.8 %
Bottle of Wine (Mid-Range) 5.00 € 7.00 €      +40.0 %
Domestic Beer (0.5 liter bottle) 1.02 € 1.86 €      +81.6 %
Imported Beer (12 oz small bottle) 1.62 € 2.12 €      +30.9 %
Cigarettes 20 Pack (Marlboro) 5.05 € 6.00 €      +18.8 %
Transportation
Faro Edit Milan Edit
One-way Ticket (Local Transport) 3.00 € 2.20 €      -26.7 %
Monthly Pass (Regular Price) 24.00 € 39.00 €      +62.5 %
Taxi Start (Normal Tariff) 2.90 € 7.00 €      +141.4 %
Taxi 1 mile (Normal Tariff) 1.61 € 3.22 €      +100.0 %
Taxi 1hour Waiting (Normal Tariff) 17.00 € 33.27 €      +95.7 %
Gasoline (1 gallon) 6.30 € 7.07 €      +12.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 € 28,000.00 €      -20.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,380.00 € 30,842.86 €      -10.3 %
Utilities (Monthly)
Faro Edit Milan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 121.56 € 258.82 €      +112.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.25 € 9.26 €      -46.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.75 € 27.05 €      -9.1 %
Sports And Leisure
Faro Edit Milan Edit
Fitness Club, Monthly Fee for 1 Adult 31.00 € 64.60 €      +108.4 %
Tennis Court Rent (1 Hour on Weekend) 9.00 € 31.91 €      +254.5 %
Cinema, International Release, 1 Seat 7.50 € 10.00 €      +33.3 %
Childcare
Faro Edit Milan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 405.00 € 803.40 €      +98.4 %
International Primary School, Yearly for 1 Child 10,200.00 € 13,172.09 €      +29.1 %
Clothing And Shoes
Faro Edit Milan Edit
1 Pair of Jeans (Levis 501 Or Similar) 44.00 € 92.94 €      +111.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 € 36.04 €      +20.1 %
1 Pair of Nike Running Shoes (Mid-Range) 63.33 € 98.74 €      +55.9 %
1 Pair of Men Leather Business Shoes 50.00 € 142.26 €      +184.5 %
Rent Per Month
Faro Edit Milan Edit
Apartment (1 bedroom) in City Centre 806.25 € 1,433.60 €      +77.8 %
Apartment (1 bedroom) Outside of Centre 700.00 € 954.64 €      +36.4 %
Apartment (3 bedrooms) in City Centre 1,290.00 € 2,897.95 €      +124.6 %
Apartment (3 bedrooms) Outside of Centre 1,137.50 € 1,877.05 €      +65.0 %
Buy Apartment Price
Faro Edit Milan Edit
Price per Square Feet to Buy Apartment in City Centre 247.74 € 852.51 €      +244.1 %
Price per Square Feet to Buy Apartment Outside of Centre 185.80 € 443.90 €      +138.9 %
Salaries And Financing
Faro Edit Milan Edit
Average Monthly Net Salary (After Tax) 1,728.00 € 1,741.42 €      +0.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.75 4.39      -7.6 %
Last update: April 2024April 2024
Contributors in the past 12 months:23397