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Milan vs Valencia

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 Valencia, ES at a glance — Valencia, ES is 16% cheaper than Milan, IT overall. Median 1-bed rent runs about $1,000/mo versus $1,500/mo. Top income tax: 47% vs 43%.

$/ year

To keep the same standard of living in Valencia, ES, you'd need

$62,846 / year

Valencia, ES is 16% cheaper overall

Category breakdown (Valencia, ES vs Milan, IT)

  • Housing-22%
  • Food & groceries-12%
  • Transport-13%
  • Utilities-17%
  • Healthcare-5%
  • Goods & services-13%

◎ How Milan, IT and Valencia, ES compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Milan, ITValencia, ES

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

▤ Full comparison

Milan, ITValencia, ES
Cost of living
Overall cost index11193
Housing135105
Food10592
Transport8070
Utilities120100
Healthcare8278
Goods & services10692
Housing
Rent, 1-bed centre$1,500/mo$1,000/mo
Rent, 1-bed outside$1,150/mo$750/mo
Rent, 3-bed centre$3,000/mo$1,900/mo
Buy price / m² centre$8,500$3,200
Money & purchasing power
$1,000 goes as far as$902$1,076
Inexpensive meal$16$12
Monthly transit pass$42$40
Taxes
Income tax (top rate)43%47%
VAT / sales tax22%21%
Social security (employee)—6.4%
Corporate tax24%25%
Capital gains26%28%
Economy & salaries
Avg net salary$1,900/mo$1,900/mo
Avg annual wage (OECD, PPP)$53,864✓$57,779✓
Minimum wage—$1,652/mo✓
GDP per capita$43,309✓$38,627✓
Inflation (annual)1.5%✓2.7%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateModerate
Coworking spaces6040
Time zoneUTC+1UTC+1
Quality of life
Quality of life (overall)6677
Safety index5572
Healthcare index8080
Pollution index7035
Internet speed120 Mbps300 Mbps
Walkability8580
Public transport8274
Family-friendly6474
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr✓84 yr✓
LGBTQ+ acceptanceModerateHigh
Climate
January avg+3 °C+12 °C
July avg+24 °C+26 °C
Sunny days / year130300
Rainfall / year1,000 mm475 mm
Connectivity
Flight to nearest hub1 h1 h

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

✓ = official statistics (OECD (PPP), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Milan vs Valencia — in your currency

MilanValencia
1-bed rent, city centre$1,500$1,000
1-bed rent, outside centre$1,150$750
Inexpensive meal$16$12
Monthly transit pass$42$40
Utilities (monthly)$190$105

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 Valencia

The paella-and-beaches value pick that keeps topping 'best city to live' lists — Mediterranean sun, a walkable centre and the Turia park, at rents well below Madrid or Barcelona.

Currency
Euro (€ EUR)
Languages
Spanish
Time zone
UTC+1
Internet
300 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 12°C · ☀ 26°C · 300 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Ruzafa · El Carmen · El Cabanyal · Eixample

? Frequently asked questions

Moving from Milan to Valencia: cheaper or more expensive?

Moving from Milan to Valencia, your cost of living will be roughly 16% cheaper. Valencia’s cost-of-living index is 93 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 Valencia?

Valencia is about 16% cheaper than Milan overall — its cost-of-living index is 93 versus 111 for Milan.

Which is more expensive, Milan or Valencia?

Milan is more expensive than Valencia. Its cost-of-living index is 111 vs 93 (US = 100) — about 19% higher.

Is rent cheaper in Milan or Valencia?

Rent is cheaper in Valencia — about $1,000/month for a one-bedroom in the city centre, vs $1,500 in Milan.

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

To keep the same standard of living, a $75,000 salary in Milan is worth about $62,846 in Valencia. Enter your own figure in the calculator above.

Which has lower taxes, Milan or Valencia?

Italy has the lower top income-tax rate — 43% versus 47% in Spain.

◷ 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.