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

CategoryCost (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

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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).