CostTrek

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Chicago vs Milan

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Chicago, IL vs Milan, IT at a glance — Milan, IT is 8% more expensive than Chicago, IL overall. Median 1-bed rent runs about $1,500/mo versus $1,900/mo. Top income tax: 43% vs 37%.

$/ year

To keep the same standard of living in Milan, IT, you'd need

$80,957 / year

Milan, IT is 8% more expensive overall

Category breakdown (Milan, IT vs Chicago, IL)

  • Housing+16%
  • Food & groceries+11%
  • Transport-21%
  • Utilities+33%
  • Healthcare-16%
  • Goods & services+8%

◎ How Chicago, IL and Milan, IT compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Chicago, ILMilan, IT

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Chicago, ILMilan, IT
Cost of living
Overall cost index103111
Housing116135
Food95105
Transport10180
Utilities90120
Healthcare9882
Goods & services98106
Housing
Rent, 1-bed centre$1,900/mo$1,500/mo
Rent, 1-bed outside$1,450/mo$1,150/mo
Rent, 3-bed centre$3,600/mo$3,000/mo
Buy price / m² centre$5,500$8,500
Money & purchasing power
$1,000 goes as far as$973$902
Inexpensive meal$18$16
Monthly transit pass$105$42
Taxes
Income tax (top rate)37%43%
VAT / sales tax0%22%
Social security (employee)7.7%—
Corporate tax21%24%
Capital gains20%26%
Economy & salaries
Avg net salary$4,300/mo$1,900/mo
Minimum wage$1,257/mo✓—
GDP per capita$90,027✓$43,309✓
Inflation (annual)—1.5%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeModerate
Coworking spaces9060
Time zoneUTC-6UTC+1
Quality of life
Quality of life (overall)6666
Safety index4855
Healthcare index8080
Pollution index4570
Internet speed200 Mbps120 Mbps
Walkability7885
Public transport7882
Family-friendly6064
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo—
Life expectancy79 yr✓84 yr✓
LGBTQ+ acceptanceHighModerate
Climate
January avg-4 °C+3 °C
July avg+24 °C+24 °C
Sunny days / year189130
Rainfall / year950 mm1,000 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: United States vs Italy. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (US DOL (federal), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Chicago vs Milan — in your currency

ChicagoMilan
1-bed rent, city centre$1,900$1,500
1-bed rent, outside centre$1,450$1,150
Inexpensive meal$18$16
Monthly transit pass$105$42
Utilities (monthly)$170$190

Converted from USD at approximate rates (2026-09).

Good to know before you move to Chicago

Big-city amenities and architecture at Midwest prices — the winters, though, are famously brutal.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-6
Internet
200 Mbps
English
Native language
Safety
48/100
Climate
❄ -4°C · ☀ 24°C · 189 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Loop · Wicker Park · Lincoln Park

Good to know before you move to Milan

Italy's business, finance and fashion capital — the country's best job market, at its highest prices.

Currency
Euro (€ EUR)
Languages
Italian
Time zone
UTC+1
Internet
120 Mbps
English
Fairly common
Safety
55/100
Climate
❄ 3°C · ☀ 24°C · 130 sunny days/yr
Tap water
Safe to drink
Power
F/L · 230V
Driving
Right-hand side
Popular areas
Navigli · Brera · Isola

? Frequently asked questions

Moving from Chicago to Milan: cheaper or more expensive?

Moving from Chicago to Milan, your cost of living will be roughly 8% more expensive. Milan’s cost-of-living index is 111 versus 103 for Chicago (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Chicago cheaper than Milan?

Milan is about 8% more expensive than Chicago overall — its cost-of-living index is 111 versus 103 for Chicago.

Which is more expensive, Chicago or Milan?

Milan is more expensive than Chicago. Its cost-of-living index is 111 vs 103 (US = 100) — about 8% higher.

Is rent cheaper in Chicago or Milan?

Rent is cheaper in Milan — about $1,500/month for a one-bedroom in the city centre, vs $1,900 in Chicago.

How much do you need to earn in Milan to live like in Chicago?

To keep the same standard of living, a $75,000 salary in Chicago is worth about $80,957 in Milan. Enter your own figure in the calculator above.

Which has lower taxes, Chicago or Milan?

United States has the lower top income-tax rate — 37% versus 43% in Italy.

◷ More comparisons from Chicago

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.