Italy
Cost of Living in Milan
Monthly expenses, rent & budget analysis — Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates
COL+Rent: 57Rent: 40.6Groceries: 65.5Restaurant: 64.5
Monthly Budget Estimates
Minimal
$1,887/mo
Outside-center room, basic groceries, public transit
Typical
$2,766/mo
City-center 1BR, regular groceries & dining out
Comfortable
$3,425/mo
Premium apartment, frequent dining, entertainment
Monthly Costs Breakdown
| Category | Cost (USD) |
|---|---|
| Rent (1BR City Center) | $1,798 |
| Rent (1BR Outside Center) | $1,262 |
| Groceries (monthly) | $372 |
| Restaurant Meal | $21 |
| Transit Pass (monthly) | $42 |
| Utilities (monthly) | $239 |
Source: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Can You Afford Milan?
Compare Milan with other cities at specific budget levels:
Other Cities in Italy
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Frequently Asked Questions
How much does it cost to live in Milan?
A minimal monthly budget in Milan is approximately $1,887, a typical budget is $2,766, and a comfortable lifestyle costs around $3,425 per month.
How much is rent in Milan?
A 1-bedroom apartment in Milan city center costs approximately $1,798/month. Outside the center, expect around $1,262/month.
Is Milan expensive compared to New York?
Milan's COL+Rent Index is 57 compared to New York's 100, meaning Milan is about 43% cheaper than NYC overall.
What is the average grocery cost in Milan?
Monthly groceries in Milan cost approximately $372. The city's Groceries Index is 65.5 (NYC = 100).