CostTrek

Cost of living

Milan

Milan, Italy

111
Overall cost index
US = 100
$1,500
Median 1-bedroom rent
+11%
11% above the US average

In plain terms: Milan is about 11% pricier than a typical US city. A one-bedroom in the centre runs around $1,500/month.

Cities in Italy

Category breakdown

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

  • Housing135+35%
  • Food & groceries105+5%
  • Transport8020%
  • Utilities120+20%
  • Healthcare8218%
  • Goods & services106+6%

About

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

Currency
Euro · EUR
Languages
Italian
Coordinates
45.46, 9.19
Emergency
112

What things cost

1-bed, city centre$1,500 /mo
1-bed, outside centre$1,150 /mo
Inexpensive meal$16
Monthly transit pass$42
Utilities (85 m²)$190 /mo
Internet, 100 Mbps$30 /mo

Taxes

43%

Income tax

progressive

22%

VAT / sales

24%

Corporate

26%

Capital gains

$1,900

Avg net salary

per month

Plus regional/municipal surcharges.

Flat-tax regimes for new residents and impatriates.

Visas & residency

Quota-based work permits (Decreto Flussi); new digital-nomad route.

Schengen 90/180 for many passports.

Digital Nomad Visadigital-nomad
Elective Residenceresidence

Passive income.

Permanent residence after ~5 yrs. Citizenship after ~10 yrs.

Quality of life

Safety

55/100

Healthcare

80/100

Pollution

70/100

Internet

120 Mbps

Jan avg

+3 °C

Jul avg

+24 °C

Sunny days

130/yr

Walkability

85/100

Relocation & documents

Coming soon

Where to look

RentImmobiliare.itBuyImmobiliare.itFlightsSkyscannerInsuranceSafetyWingCoworkingTalent Garden

Updated: 2026-08-14 · Sources: Cost/quality survey (placeholder) · National tax authority / OECD (headline figures)

? Frequently asked questions

How much does it cost to live in Milan, IT?

Milan, IT's cost-of-living index is 111 (US average = 100) — about 11% more expensive than a typical US city. A one-bedroom apartment in the centre costs around $1,500 per month.

What is the average rent in Milan, IT?

A one-bedroom in the city centre averages about $1,500 per month, and around $1,150 outside the centre.

What taxes would I pay in Italy?

Italy has a top income-tax rate of 43% and a VAT or sales tax of 22%. See the taxes section above for the full breakdown.

What is the weather like in Milan, IT?

Milan, IT averages around +3 °C in January and +24 °C in July, with roughly 130 sunny days a year.

Compare Milan with…

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