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Cost of living in Milan 2026

Typical rent, prices and the overall cost index for Milan, with quick comparisons to other cities.

Cost index (base New York = 100)

60.3

40% cheaper than New York

MilanUSD
1-bed apartment, centre 1,484 EUR $1,707
1-bed apartment, outside centre 1,056 EUR $1,214
3-bed apartment, centre 3,074 EUR $3,535
Room in shared flat 528 EUR $607
Buy price per m2 9,465 EUR $10,885
Living cost excl. rent 1,043 EUR $1,199
Typical net salary 1,937 EUR $2,228

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Italy Dipendente Gestione separata P. IVA forfettario Artigiano / Commerciante
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How we calculate and where the data comes from

Educational model, not financial, tax or relocation advice. Figures are estimates for 2026 and are rounded to ranges, never exact values. Our cost index is built from open data and adapted by CrawlJobs (aggregated and reweighted); it is not endorsed by the sources.

Sources: Eurostat (free reuse, Commission Decision 2011/833/EU), World Bank Open Data ICP (CC-BY-4.0), US BEA / HUD / Census (public domain), GeoNames (CC-BY-4.0). Source and product names are used for attribution only; no affiliation or endorsement is implied.