CostTrek

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Milan vs Sydney

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

Milan, IT vs Sydney, AU at a glance — Sydney, AU is 15% more expensive than Milan, IT overall. Median 1-bed rent runs about $2,200/mo versus $1,500/mo. Top income tax: 45% vs 43%.

$/ year

To keep the same standard of living in Sydney, AU, you'd need

$86,302 / year

Sydney, AU is 15% more expensive overall

Category breakdown (Sydney, AU vs Milan, IT)

  • Housing+20%
  • Food & groceries+10%
  • Transport+31%
  • Utilities-8%
  • Healthcare+16%
  • Goods & services+13%

◎ How Milan, IT and Sydney, AU compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Milan, ITSydney, AU

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

▤ Full comparison

Milan, ITSydney, AU
Cost of living
Overall cost index111128
Housing135162
Food105115
Transport80105
Utilities120110
Healthcare8295
Goods & services106120
Housing
Rent, 1-bed centre$1,500/mo$2,200/mo
Rent, 1-bed outside$1,150/mo$1,650/mo
Rent, 3-bed centre$3,000/mo$4,200/mo
Buy price / m² centre$8,500$12,000
Money & purchasing power
$1,000 goes as far as$902$784
Inexpensive meal$16$18
Monthly transit pass$42$130
Taxes
Income tax (top rate)43%45%
VAT / sales tax22%10%
Corporate tax24%30%
Capital gains26%—
Economy & salaries
Avg net salary$1,900/mo$3,900/mo
Minimum wage—$2,600/mo
GDP per capita$43,309✓$65,130✓
Inflation (annual)1.5%✓2.9%✓
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyModerateNative
Coworking spaces6090
Time zoneUTC+1UTC+10
Quality of life
Quality of life (overall)6674
Safety index5574
Healthcare index8085
Pollution index7030
Internet speed120 Mbps90 Mbps
Walkability8578
Public transport8280
Family-friendly6476
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr✓83 yr✓
LGBTQ+ acceptanceModerateHigh
Climate
January avg+3 °C+23 °C
July avg+24 °C+13 °C
Sunny days / year130236
Rainfall / year1,000 mm1,210 mm
Connectivity
Flight to nearest hub1 h3 h

Taxes & Economy & salaries: Italy vs Australia. 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: Milan vs Sydney — in your currency

MilanSydney
1-bed rent, city centre$1,500$2,200
1-bed rent, outside centre$1,150$1,650
Inexpensive meal$16$18
Monthly transit pass$42$130
Utilities (monthly)$190$150

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

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

Good to know before you move to Sydney

Beaches, sunshine and a high quality of life — for a price, with housing among the least affordable in the developed world.

Currency
Australian dollar ($ AUD)
Languages
English
Time zone
UTC+10
Internet
90 Mbps
English
Native language
Safety
74/100
Climate
❄ 23°C · ☀ 13°C · 236 sunny days/yr
Tap water
Safe to drink
Power
I · 230V
Driving
Left-hand side
Popular areas
Surry Hills · Bondi · Newtown

? Frequently asked questions

Moving from Milan to Sydney: cheaper or more expensive?

Moving from Milan to Sydney, your cost of living will be roughly 15% more expensive. Sydney’s cost-of-living index is 128 versus 111 for Milan (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Milan cheaper than Sydney?

Sydney is about 15% more expensive than Milan overall — its cost-of-living index is 128 versus 111 for Milan.

Which is more expensive, Milan or Sydney?

Sydney is more expensive than Milan. Its cost-of-living index is 128 vs 111 (US = 100) — about 15% higher.

Is rent cheaper in Milan or Sydney?

Rent is cheaper in Milan — about $1,500/month for a one-bedroom in the city centre, vs $2,200 in Sydney.

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

To keep the same standard of living, a $75,000 salary in Milan is worth about $86,302 in Sydney. Enter your own figure in the calculator above.

Which has lower taxes, Milan or Sydney?

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

◷ More comparisons from Milan

How we calculate these figures →

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