Cost of Living in Milan

Italy

Monthly budget (single)

$2,585–$4,092/month

€2,394 – €3,789 (local currency)

Overall 7.0Safety 8.6Housing 4.2Quality of life 8.2

Last updated: 2026-03

Can you afford to live in Milan?

Enter your monthly take-home in USD. We compare it to typical budgets for your household size (estimates, not financial advice).

Cost breakdown

CategoryUSDLocal currency
Rent (1-bed, city center)$1,938–$3,015€1,794 – €2,792
Rent (1-bed, outside center)$1,023–$1,615€947 – €1,495
Utilities (electricity, heating, water)$81–$156€75 – €144
Internet & Mobile$32–$54€30 – €50
Groceries (monthly)$409–$614€379 – €569
Eating out (per meal, mid-range)$54–$97€50 – €90
Coffee$4–$6€4 – €6
Public transport (monthly pass)$102–$124€94 – €115
Gym membership$38–$70€35 – €65
Cinema ticket$15–$19€14 – €18

Budget scenarios

Single

$2,585–$4,092/mo USD

€2,394 – €3,789

Top expenses

  • Rent (1-bed center): ~$3,015/mo
  • Groceries: ~$614/mo
  • Transport: ~$124/mo

Couple

$4,092–$6,246/mo USD

€3,789 – €5,783

Top expenses

  • Rent (1-bed center): ~$3,015/mo
  • Groceries: ~$614/mo
  • Transport: ~$124/mo

Family

$5,923–$9,154/mo USD

€5,484 – €8,476

Top expenses

  • Rent (1-bed center): ~$3,015/mo
  • Groceries: ~$614/mo
  • Transport: ~$124/mo

Neighbourhood guide

Milan Center

Central

Urban core, transit access

Est. 1-bed rent: $2,423–$3,769/mo (€2,244 – €3,490)

Milan Midtown

Central

Mixed residential

Est. 1-bed rent: $2,132–$3,317/mo (€1,974 – €3,071)

Milan Outer

Suburban

Quieter, family-friendly

Est. 1-bed rent: $1,550–$2,412/mo (€1,435 – €2,233)

Quality of life scores

Housing4.2/10
Safety8.6/10
Healthcare8.6/10
Education8.2/10
Environment9.0/10
Economy7.3/10
Culture7.9/10
Internet8.3/10

Pros & cons

✅ Pros

  • Fashion
  • Finance
  • Trains to Alps

❌ Cons

  • Humid summer
  • Smog

Similar cities & cheaper alternatives

Compare Milan with another city

Related articles

Estimates are for comparison only and do not constitute financial advice. Sources include our internal dataset and periodic third-party index updates.