Cost of Living in Milan

Summary about cost of living in Milan:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 15.00 € 12.00-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 50.00-80.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 € 7.00-9.00
Domestic Beer (1 pint draught) 5.00 € 4.00-6.00
Imported Beer (12 oz small bottle) 5.00 € 4.00-6.00
Cappuccino (regular) 1.46 € 1.20-2.00
Coke/Pepsi (12 oz small bottle) 2.49 € 1.90-3.50
Water (12 oz small bottle) 1.11 € 1.00-1.50
Markets [ Edit ]
Milk (regular), (1 gallon) 4.53 € 3.41-5.87
Loaf of Fresh White Bread (1 lb) 1.71 € 1.36-2.27
Rice (white), (1 lb) 1.04 € 0.68-1.36
Eggs (regular) (12) 2.89 € 1.97-4.00
Local Cheese (1 lb) 6.03 € 4.54-8.16
Chicken Breasts (Boneless, Skinless), (1 lb) 4.08 € 2.72-5.44
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.02 € 4.54-11.34
Apples (1 lb) 0.97 € 0.82-1.32
Banana (1 lb) 0.90 € 0.73-1.13
Oranges (1 lb) 0.94 € 0.68-1.36
Tomato (1 lb) 1.06 € 0.68-1.36
Potato (1 lb) 0.56 € 0.45-0.91
Onion (1 lb) 0.59 € 0.45-0.91
Lettuce (1 head) 1.30 € 0.85-2.00
Water (1.5 liter bottle) 0.41 € 0.25-0.80
Bottle of Wine (Mid-Range) 7.00 € 5.00-10.00
Domestic Beer (0.5 liter bottle) 1.15 € 0.79-2.00
Imported Beer (12 oz small bottle) 1.87 € 1.00-3.00
Cigarettes 20 Pack (Marlboro) 5.50 € 5.00-6.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 2.00 € 1.50-2.00
Monthly Pass (Regular Price) 35.00 € 30.00-39.00
Taxi Start (Normal Tariff) 5.00 € 3.90-7.00
Taxi 1 mile (Normal Tariff) 1.76 € 1.75-3.06
Taxi 1hour Waiting (Normal Tariff) 28.32 € 27.60-35.00
Gasoline (1 gallon) 5.98 € 5.68-6.44
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 € 19,000.00-25,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 23,406.25 € 18,000.00-35,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 144.97 € 85.00-226.67
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.18 € 0.10-0.29
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.92 € 23.00-35.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 62.53 € 35.00-90.00
Tennis Court Rent (1 Hour on Weekend) 22.96 € 19.00-30.00
Cinema, International Release, 1 Seat 10.00 € 8.00-10.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 625.22 € 450.00-800.00
International Primary School, Yearly for 1 Child 10,880.95 € 5,000.00-15,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 86.83 € 60.00-100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.59 € 20.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 84.75 € 69.00-110.00
1 Pair of Men Leather Business Shoes 136.19 € 90.00-200.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,085.00 € 800.00-1,500.00
Apartment (1 bedroom) Outside of Centre 733.77 € 500.00-900.00
Apartment (3 bedrooms) in City Centre 2,206.36 € 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,405.21 € 1,000.00-2,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 760.83 € 464.51-929.02
Price per Square Feet to Buy Apartment Outside of Centre 334.45 € 232.26-464.51
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 1,577.36 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.06 1.50-3.00

Prices in Milan

These data are based on 3463 entries in the past 18 months from 452 different contributors.
Last update: October 2019
Sources and References: Info
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19 Comments so far

#Jurke on Oct 14, 2019 :
I've been living in Milan for almost two years now after I moved here from Spain and Germany before that. Honestly I wouldn't advise anyone to move to Milan to make money or in search for a better life, unless that person is a renowned fashion designer or works in finance. Obvious reasons are extremely high cost of living with tremendously high rental costs and unbalanced salaries. The net salaries described above are definitely way lower with the average being between 1000€-1300, unless these data have been written by people working in the areas described above. People live at an incredibly fast pace, which gives little time to rest and there's so much stressed people at every corner. Traffic is a mess, transportation is often unreliable and everything is just overpriced, with apartments being no exception. Although I do a job I like and hold a Master's degree and a PhD my work is underpriced and I would earn double or two thirds more doing exactly the same job in a number of other European countries. Which is roughly going to br the situation most of the people going to live and work there will find themselves in.
#Elysia on Aug 10, 2019 :
I'm not sure if the prices are correct or not but I'm think of moving to Milan in the future. I need a rough idea of the average Italian gets paid yearly and a nice place to live not too dangerous, but not too expensive as well. The average amount of money rent is, food, restaurants etc. If someone could tell me that would be perfect, Thank you!
#Marco on Jul 12, 2019 :
@Krishna: Completely wrong. Salaries in Milan are much lower to basically all Western European Cities, except maybe Spain and Portugal (not sure about these two).
Most people with a master degree are lucky to earn 500€ on their first job and the salary increases slowly.
I personally know people who works in finance with a master degree from Bocconi (top university in Milan) who gets 500-600€/month with 2 years experience.
Minimum 60,000€/year after 3 years experience in Milan? Gotta be kidding me. Your figures are way off
And prices did rise in the last few years, especially renting prices which are now on par (or higher) with the rest of the Western European capitals.
#Krishna on Feb 20, 2019 :
Prices in the last few years didn’t rise but salaries for high specialized profiles are up to those of most European cities. In finance and IT if you’ve 3 years of experience is not rare to ask for at least 60k EUR a year.
#Kenneth on Dec 27, 2018 :
Apartment prices are completely wrong. Who listed them? Renting a one bedroom apartment in the city center (bilocale) cost no less than 1200€ per month unless we're talking about complete dumps that shouldn't even be put on the market (but landlords in this city are shameless). Of course quality accommodations are way more expensive than 1200€/month.
Outside the city center are also more expensive than the prices listed here and usually nobody want to live outside the city center in this city because is very run down, ugly and dangerous (conventionally the city center end at the "Circonvallazione"), they would rather live outside the city and commute from there.
The same is true for buying an apartment.
Average salary is unfortunately rather accurate and ridiculously low compared to the cost of living.
Considering the average salary and the apartment prices I wouldn't advise anyone to come living here. Other European big cities have the same real estate prices (or less) and offer twice (or thrice) the salaries offered in Milan for equivalent jobs.
#Keerthyvassan on Dec 20, 2018 :
Hi guys! At present I am living in Comasina, Milan. I just want to know the basic rate for gas (per m^3) and electricity (per kW) as our landlord is charging so much amount for utility bills. Kindly leave your comment on this. Thanks in advance. :)
#@P A on Apr 16, 2018 :
as you said if you don't have to pay for the accommodation and you're single 1600 EUR net a month (spammed for sure at least on 13 salaries a year) are enough for a mid-class life in Milan.

Mind anyway that you wouldn't save as much as you would save with a hi-tech senior position in let say London, Dublin, Berlin, Warsaw, Dubai or San Francisco.
In general Italians are used to low savings.
#P A on Apr 13, 2018 :
Hi guys,
A company is offering me monthly 1600 euro Net amount (after tax) of salary in milano. the apartment and lunch is taken care by company. May I know if anyone out there can tell me if this amount is good or not and would be your advice ?
Thanks for help.
#Anonymous on Apr 13, 2018 :
@Bauer: tax rate depends on many things and vary a lot, let's say for most people it's around 30%. For instance if you have 30.000 EUR gross, you get about 21.000 EUR yearly net. The higher the income, the higher the tax rate.
#Bauer on Jan 17, 2018 :
I don't know if "average monthly net salary" is how much the people receive there or as the people need to live there. Someone knows how percentage is the tax?
#Anonymous on Jan 05, 2018 :
@Annapurna: do you seriously believe the city is giving that kind of job to those people?
As you said, they're just "shady guys" taking advantage of that kind of situation to get some money. In some cases you even have to be careful not to refuse their "help".
Unfortunately that kind of decay is more and more common...
#Annapurna on Jan 05, 2018 :
Great things happening at the train station where tramp-looking people follow you offering a service on helping you to buy a ticket or to carry the luggages.

Initially I thought it was a scam, but actually when I asked information to some railways officials they told me to use the service of these shady guys.
They did their job of driving me to the platform and at the end of course they asked for a tip.

Is this a way for Milan to give menial jobs to homeless people?
#Anonymous on Oct 24, 2017 :
@Riccardo: it depends on what "city center" we take and on the size of the apartment.

▹ Inner ring: 2km from Duomo (Area C, cerchia dei bastioni, centro storico)
▹ Outer ring: 4km from Duomo (Circonvallazione)
▹ Everything outside the outer ring is definetely outside of centre.

The prices you are stating refer to the most expensive areas like very close to the Duomo. It's fair to assume that you can get a small (50-60mq, 600sqf) 1 bedroom apartment ("bilocale") for 1000€ + expenses ("spese condominiali"), in most central areas like along the inner ring.

Many people in Milan consider as central areas everything that is inside the outer ring, in that way it's correct to state that you get most 1bd apartments for ~1000€+expenses.

If we take the most expensive areas and a good-sized apartment than we get close to 2000€ as you say.
#Riccardo on Oct 21, 2017 :
The renting prices are completely false.
1000€ for a one bedroom apartment in the city center on average? lol, whoever wrote that, link here apartments in the city center for 1000€....more likely is 1600-1800€ and above.

Even a decent room in shared apartment (without living room lol) in the center is around 800€

A 3 bedroom apartment (with living room) in the city center is listed at least at 3000€ per month

Whoever listed these prices probably has never been in Milan
#Matu on Aug 02, 2017 :
James made a great description, but he forgot few points:

_The mosquitos in summer are in huge quantity, many areas of Milan have small lakes and rivers.
_In the outside of Milan, mainly in south, there are a lot of Nutrias, it si like a rat of the size of small dog that you can easyly see and crap with the car.
_The air polution is high, sometimes the civil protection ask not to make exercise at open air.
_Be prepare to deal with a huge quantity of Bureocracy, not only in Milan, but all Italy. Everything is complicated here.
_The aperitivo, a pre-meal, is great!! You pay for the drink and eat all what you want!
#LongoMan on Sep 19, 2016 :
people here are welcome, wherever they come from, we need more educated specialists and more multiculturalism!

Just mind that:

- quality of life in Milan is not as good as in smaller cities; fast pace (like in many other big cities like London) and a lot of work to do
- life is very expensive for the salaries, and Italy is in a very bad condition for salaries regarding experienced specialists; a Senior IT specialist in Milan banks the same of a colleague in a mid size city in Poland or Ukraine that works for a multinational corp, but Milan is waaay more expensive; in general, Italy is very bad for savings, if you're interested into huge absolute savings check Germany, UK, USA, Australia or the GCC countries
- before coming here ABSOLUTELY check if your degree can be recognized in Italy; Italy has a very bad record about not recognizing foreign degrees, and many expats come with certificates and degrees that here are (dunno why) considered toilet paper
- foreigners often have a very generic image of Italy in their mind, like if the country is the same from the Alps till the Islands; for instance in Milan the weather can be crap for at least 6 months a year
- mind that even the new generations have a pretty bad english, hard to communicate if you don't learn italian quickly
#Ceci on Sep 13, 2016 :
We are a young couple that live in the city centre of Milan renting a one bedroom apartment (aprx. 50 sq.m) with two balconies and are paying 850 Euros per month. What is said below is defenetely written of someone who doesn't really know the Italian culture regarding the fact that you NEED to bargain to get a good price for your apartment. Normally you find apartments of this size for a cost around 1000-1200 Euros by that is not the final price.

The two of us has a total cost of living per month on 2100 Euros, and we are defenetely enjoying life.

Milan is a great place to live in Italy - if you want to live in a city which is structured and where the Public transportation actually works great! Great social life, nice weather and a safe European city.
#James on Apr 20, 2016 :
Rent prices are much higher than that. City centre is inside "area C" and outside city centre is beyond the "area C". Some people in Milan are a little bit more loose and consider city centre the area inside the "circonvallazione" but it's not really like that.
A studio inside the city centre will cost you around 1200€ and a three bedroom apartment not less than 2500€. That is true if we consider apartments with a living room. The vast majority of landlords in Milan convert the living room in another bedroom; I hardly ever see an apartment with a living room.

I studied there and I used to pay 650€ per month (bills included) for a room in a shared apartment (with 4 other housemates) in the Navigli neighborhood.

Average salary is on point. A recent graduate student can expect to earn a salary between 1000 and 1500€ per month. People without college education earn the same salary (between 1000€ and 2000€) all their life. Executives can earn 3000-6000 per months but it takes many years of hard work to be able to earn that much. People under 40 yo never make that much.
The only exception are athletes (especially soccer players), they are paid much more.

Usually the best students of the best universities in Milan (Bocconi and Cattolica) go abroad to earn better wages.

The city itself is quite badly-kept especially outside the city centre. There is a lot of micro criminality and it's not advisable for a young girl to walk alone in the city at night.
Nightlife is great, lots of bars, clubs, pubs all around the city...there is lots of "movida" especially in areas around Navigli, Sempione, Brera, Corso Como and Colonne di San Lorenzo.

Weather is bad all year round. Winters are cold and foggy, summers are hot and humid. Moreover there isn't the sea in Milan and the nearest beach is almost 2 hours away by car.

All in all I wouldn't advise anyone to move in Milan unless they're students are want to experience the nightlife.
#Anonymous on Apr 15, 2016 :
Been living and working in Milan for 10 years - starting salaries for graduates may be on the low side (€1,300-1,400) but average salaries have to be higher... Milan is by far the richest city in Italy which, in turn, is the 7th largest economy in the world. It'a a major concentration of wealth - not in the hands of young people maybe, but wealth all the same
IT has to be higher than €2,000 that's for sure