CostTrek

✦ Compare

Melbourne 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.

Melbourne, AU vs Milan, IT at a glance — Milan, IT is 6% cheaper than Melbourne, AU overall. Median 1-bed rent runs about $1,500/mo versus $1,800/mo. Top income tax: 43% vs 45%.

$/ year

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

$70,451 / year

Milan, IT is 6% cheaper overall

Category breakdown (Milan, IT vs Melbourne, AU)

  • Housing-2%
  • Food & groceries-6%
  • Transport-20%
  • Utilities+11%
  • Healthcare-14%
  • Goods & services-9%

◎ How Melbourne, AU and Milan, IT compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Melbourne, AUMilan, IT

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

▤ Full comparison

Melbourne, AUMilan, IT
Cost of living
Overall cost index118111
Housing138135
Food112105
Transport10080
Utilities108120
Healthcare9582
Goods & services116106
Housing
Rent, 1-bed centre$1,800/mo$1,500/mo
Rent, 1-bed outside$1,350/mo$1,150/mo
Rent, 3-bed centre$3,400/mo$3,000/mo
Buy price / m² centre$9,000$8,500
Money & purchasing power
$1,000 goes as far as$847$902
Inexpensive meal$17$16
Monthly transit pass$110$42
Taxes
Income tax (top rate)45%43%
VAT / sales tax10%22%
Corporate tax30%24%
Capital gains—26%
Economy & salaries
Avg net salary$3,900/mo$1,900/mo
Minimum wage$2,600/mo—
GDP per capita$65,130✓$43,309✓
Inflation (annual)2.9%✓1.5%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeModerate
Coworking spaces7060
Time zoneUTC+10UTC+1
Quality of life
Quality of life (overall)7366
Safety index6855
Healthcare index8580
Pollution index3070
Internet speed90 Mbps120 Mbps
Walkability7885
Public transport8082
Family-friendly7464
Tap waterSafe to drinkSafe to drink
Life expectancy83 yr✓84 yr✓
LGBTQ+ acceptanceHighModerate
Climate
January avg+20 °C+3 °C
July avg+10 °C+24 °C
Sunny days / year180130
Rainfall / year600 mm1,000 mm
Connectivity
Flight to nearest hub1.5 h1 h

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

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

Cost of living: Melbourne vs Milan — in your currency

MelbourneMilan
1-bed rent, city centre$1,800$1,500
1-bed rent, outside centre$1,350$1,150
Inexpensive meal$17$16
Monthly transit pass$110$42
Utilities (monthly)$150$190

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

Good to know before you move to Melbourne

Coffee, laneways and a famously liveable city — cheaper than Sydney, with famously changeable weather.

Currency
Australian dollar ($ AUD)
Languages
English
Time zone
UTC+10
Internet
90 Mbps
English
Native language
Safety
68/100
Climate
❄ 20°C · ☀ 10°C · 180 sunny days/yr
Tap water
Safe to drink
Power
I · 230V
Driving
Left-hand side
Popular areas
Fitzroy · St Kilda · Carlton

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 Melbourne to Milan: cheaper or more expensive?

Moving from Melbourne to Milan, your cost of living will be roughly 6% cheaper. Milan’s cost-of-living index is 111 versus 118 for Melbourne (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Melbourne cheaper than Milan?

Milan is about 6% cheaper than Melbourne overall — its cost-of-living index is 111 versus 118 for Melbourne.

Which is more expensive, Melbourne or Milan?

Melbourne is more expensive than Milan. Its cost-of-living index is 118 vs 111 (US = 100) — about 6% higher.

Is rent cheaper in Melbourne or Milan?

Rent is cheaper in Milan — about $1,500/month for a one-bedroom in the city centre, vs $1,800 in Melbourne.

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

To keep the same standard of living, a $75,000 salary in Melbourne is worth about $70,451 in Milan. Enter your own figure in the calculator above.

Which has lower taxes, Melbourne or Milan?

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

◷ More comparisons from Melbourne

How we calculate these figures →

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