Are you considering a move to Milan, Italy, and wondering about the cost of living? Milan is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Milan and help you understand whether $3425 per month is moderately priced, given the average monthly salary of $1880.59.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
21.71 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
86.83 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
10.85 $ |
|
|
Domestic Beer (1 pint draught) |
6.51 $ |
|
|
Imported Beer (12 oz small bottle) |
5.43 $ |
|
|
Cappuccino (regular) |
2.09 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
3.17 $ |
|
|
Water (12 oz small bottle) |
1.49 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.67 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.44 $ |
|
|
Rice (white), (1 lb) |
3.51 $ |
|
|
Eggs (regular) (12) |
4.17 $ |
|
|
Local Cheese (1 lb) |
17.7 $ |
|
|
Chicken Fillets (1 lb) |
12.56 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
21.83 $ |
|
|
Apples (1 lb) |
2.44 $ |
|
|
Banana (1 lb) |
2.12 $ |
|
|
Oranges (1 lb) |
2.71 $ |
|
|
Tomato (1 lb) |
3.48 $ |
|
|
Potato (1 lb) |
1.73 $ |
|
|
Onion (1 lb) |
1.66 $ |
|
|
Lettuce (1 head) |
1.41 $ |
|
|
Water (1.5 liter bottle) |
0.57 $ |
|
|
Bottle of Wine (Mid-Range) |
7.6 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.9 $ |
|
|
Imported Beer (12 oz small bottle) |
2.24 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
6.51 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
2.39 $ |
|
|
Monthly Pass (Regular Price) |
42.33 $ |
|
|
Taxi Start (Normal Tariff) |
6.51 $ |
|
|
Taxi 1 mile (Normal Tariff) |
2.17 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
35.35 $ |
|
|
Gasoline (1 gallon) |
2.05 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27135.72 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31524.92 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
260.96 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.34 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
66.2 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
34.0 $ |
|
|
Cinema, International Release, 1 Seat |
10.85 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
843.29 $ |
|
|
International Primary School, Yearly for 1 Child |
16136.48 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
95.92 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
37.12 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
103.83 $ |
|
|
1 Pair of Men Leather Business Shoes |
138.93 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1549.94 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
990.68 $ |
|
|
Apartment (3 bedrooms) in City Centre |
3140.6 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
1956.55 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
9872.36 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
5236.53 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
1880.59 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
4.16 % |
|
The monthly expenses for living in Milan come to a total of approximately $3425. This includes an average monthly rent of around $1549 for a one-bedroom apartment in the city center, along with utilities costing about $275 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $961 per month.
Living in Milan appears to be relatively budget-friendly when considering the average monthly income of $1880.59. However, to enjoy a comfortable standard of living in Milan, you would likely need an income exceeding $1880.59.
In Milan, the average monthly post-tax salary hovers around $1880.59, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Milan is approximately $1549. If you're open to living in a location outside the city center, you can expect to pay around $990.68 for such an apartment.
The expense for groceries in Milan can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $728 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Italy can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Italy.
Milan is a very safe city, although some areas attract a lot of pickpockets. There are neighborhoods outside the city that are best to be avoided. Some scams are possible at the center of the Duomo where people will ask you for some money. Besides a large police presence in the area, some pickpockets still operate, as well as bag-snatchers.
Tourist needs to be aware of the fake taxis and uses only the licensed ones, which have a taxi sign on the roof. Make sure the meter in the taxi has been turned on and reset. Buses are comfortable, punctual and clean, so they can be a good option to travel around the city. Pedestrians should take care of Zebra crossings because vehicles do not always stop, even though they are required to.
Milan is very prone to pickpockets. There are even maps with the most frequent pickpocket’s locations. The city center is the place where thieves use a variety of methods to distract you and rob you. Take care on public transport and in crowded areas since the risk exists. However, the vigilant person will not encounter any problems.
When the natural hazards are in question, Italy is prone to some minor tremors and earthquakes. But they are not very frequent and do not represent a serious threat.
Milan is a safe place where mugging almost does not exist. There are sometimes robberies of cars, so always lock your vehicle and never leave valuables on show. There were no reports of kidnapping, especially not the kidnapping of foreigners.
Since terrorists are likely to try to carry out attacks in major cities in Europe, Milan might be the target. Terrorists are motivated by the conflict in Iraq and Syria and the place where they might attack cannot be predicted. You should be vigilant and avoid gatherings and demonstrations.
There are a lot of scammers in Milan, and they will do their best to fool a distracted tourist, to take the money from them. They are located around major landmarks in Milan. Their aim is only to take your valuables, passport or money, so do not show off with the latest gadgets and expensive jewelry. Around Galleria Vittorio Emanuele II, you may be approached by women who would ask you for petition signatures for an "anti-drug, anti-AIDS for youth" organization. Do not start a conversation with them.
Milan is safe for women travelers since they do not encounter any kind of trouble here. Female travelers have not had issues in Milan.
The necessary documentation when entering Italy is your passport, which needs to be valid. Also, for stays that are 90 days or shorter, visas are not required. However, for longer stays, you will need to obtain a visa from the Italian Embassy, unless you have Schengen.
The Euro is the official currency in Italy and it can be considered one of the less expensive countries in Europe. However, Milan is still more expensive than some smaller cities in Italy.
Tourists often visit Milan in summer when the weather is hot, which is not so attractive to those people who do not like crowds. In winter, the weather in the city is cold, foggy and rainy and sometimes snowy. Spring and autumn are the best periods of the year to visit Milan.
Milan has two main international airports and those are Linate airport and Malpensa airport. The main international airport is Malpensa, a large, modern, two-runway airport, while Linate Airport is smaller and closer to the city center. Milan's additional airports are Bergamo's Orio al Serio airport and Parma airport.
The travel insurance policy is the must when visiting a foreign country and Italy is not an exception. Make sure you got it before starting your journey since it can be taken out when booking a flight or buying a ticket.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 43°F | 48°F | 58°F | 64°F | 73°F | 80°F | 85°F | 83°F | 76°F | 64°F | 52°F | 44°F |
| Temp | 36°F | 40°F | 49°F | 55°F | 64°F | 71°F | 76°F | 75°F | 67°F | 57°F | 46°F | 38°F |
| Low | 31°F | 33°F | 40°F | 47°F | 55°F | 62°F | 66°F | 65°F | 59°F | 50°F | 40°F | 33°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 6°C | 8°C | 14°C | 17°C | 22°C | 26°C | 29°C | 28°C | 24°C | 17°C | 11°C | 6°C |
| Temp | 2°C | 4°C | 9°C | 12°C | 17°C | 21°C | 24°C | 23°C | 19°C | 13°C | 7°C | 3°C |
| Low | 0°C | 0°C | 4°C | 8°C | 12°C | 16°C | 18°C | 18°C | 15°C | 10°C | 4°C | 0°C |