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London 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.

$/ year

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

$60,485 / year

Milan, IT is 19% cheaper overall

Category breakdown (Milan, IT vs London, UK)

  • Housing-24%
  • Food & groceries-11%
  • Transport-38%
  • Utilities-8%
  • Healthcare-7%
  • Goods & services-13%

Full comparison

London, UKMilan, IT
Cost of living
Overall cost index138111
Housing178135
Food118105
Transport13080
Utilities130120
Healthcare8882
Goods & services122106
Housing
Rent, 1-bed centre$2,600/mo$1,500/mo
Rent, 1-bed outside$1,850/mo$1,150/mo
Rent, 3-bed centre$5,200/mo$3,000/mo
Buy price / m² centre$16,000$8,500
Money & purchasing power
$1,000 goes as far as$727$902
Inexpensive meal$20$16
Monthly transit pass$200$42
Taxes
Income tax (top rate)45%43%
VAT / sales tax20%22%
Social security (employee)8%
Corporate tax25%24%
Capital gains24%26%
Economy & salaries
Avg net salary$2,900/mo$1,900/mo
Minimum wage$2,050/mo
GDP per capita$49,000$39,000
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeModerate
Coworking spaces25060
Time zoneUTC+0UTC+1
Quality of life
Safety index5555
Healthcare index7480
Pollution index6070
Internet speed90 Mbps120 Mbps
Walkability8885
Public transport9282
Family-friendly6264
Tap waterSafe to drinkSafe to drink
Life expectancy81 yr83 yr
LGBTQ+ acceptanceHighModerate
Climate
January avg+5 °C+3 °C
July avg+19 °C+24 °C
Sunny days / year106130
Rainfall / year690 mm1,000 mm
Connectivity
Flight to nearest hub1 h1 h

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

? Frequently asked questions

Is London cheaper than Milan?

Milan is about 19% cheaper than London overall — its cost-of-living index is 111 versus 138 for London.

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

To keep the same standard of living, a $75,000 salary in London is worth about $60,485 in Milan. Enter your own figure in the calculator above.

Which has lower taxes, London or Milan?

Italy has the lower top income-tax rate — 43% versus 45% in United Kingdom.

More comparisons from London

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