π
#30 Worldwide
Milan
Italy β’ Southern Europe
Anchor Cost Index
71
Expensive
#30
of 120 cities
76%
More expensive than
#1
in Southern Europe
Expensive
Cost Level
πAnchor Price Breakdown
βΉοΈSources: Public economic data, market researchπ
Big Mac
McDonald's signature burger
$5.07
+22% vs avg69
Weight: 20%Global avg: $4.15
π
1BR Rent
City-wide median monthly
$1,400.00/mo
+43% vs avg73
Weight: 30%Global avg: $981.92
π
Uber 5km
Average 5km ride fare
$7.00
+49% vs avg72
Weight: 20%Global avg: $4.69
β
Starbucks Latte
Tall Latte price
$4.80
Near avg67
Weight: 15%Global avg: $4.34
πΊ
YouTube Premium
Monthly subscription
$12.99/mo
+60% vs avg69
Weight: 15%Global avg: $8.13
πKey Metrics
βΉοΈCalculated from verified cost dataπ
35%
Rent Burden
Rent as % of avg salary
π½οΈ
23%
Food Affordability
Food as % of avg salary
π»
65/100
Nomad Score
Digital nomad friendliness
π¨βπ©βπ§
70/100
Family Score
Family friendliness
π΅Monthly Budget Scenarios
βΉοΈBased on crowdsourced price dataπ
Backpacker
Hostels, street food, public transit
$2,642/mo
Housing
$1140Food
$1238Transport
$91Utilities
$0Entertainment
$95Other
$78π»
Digital Nomad
Coliving, coworking, mix of cooking & dining
$3,372/mo
Housing
$1260Food
$1314Transport
$129Utilities
$107Entertainment
$222Other
$340π¨βπ©βπ§
Small Family
2 adults + 1 child, outside center apartment
$5,490/mo
Housing
$2240Food
$1481Transport
$264Utilities
$423Entertainment
$172Other
$910π’
Expat Professional
City center, quality lifestyle
$4,106/mo
Housing
$1764Food
$1434Transport
$272Utilities
$305Entertainment
$244Other
$87πUseful Resources for Milan
π¨βπ‘οΈβπΈβ
Booking.com
Find accommodation deals worldwide
SafetyWing
Nomad health insurance from $45/mo
Wise
Send money internationally with low fees
* Some links are affiliate links. We may earn a commission at no extra cost to you.
πExtended Costs (60+ Items)
βΉοΈAggregated from public sources1BR Apartment (City Center)$1,960.00/mo
1BR Apartment (Outside Center)$980.00/mo
3BR Apartment (City Center)$3,920.00/mo
3BR Apartment (Outside Center)$2,240.00/mo
Price per mΒ² (Buy, City)$13,200.00/mΒ²
Price per mΒ² (Buy, Outside)$8,000.00/mΒ²
Airbnb (1BR, Monthly)$2,520.00/mo
Coliving Space$1,260.00/mo
Hostel/Dormitory$38.00/night
π°Similar Cost Cities
πOthers in Southern Europe
π How Milan Compares
Cheaper than
29cities
More expensive than
89cities
Rank in Southern Europe
#1/8
Understanding Cost Index
0-20
Very Affordable
21-40
Affordable
41-60
Moderate
61-80
Expensive
81-100
Very Expensive
π Data Sources
We aggregate data from trusted sources to provide accurate cost of living comparisons. All prices are converted to USD.
π
Big Mac Index
Global purchasing power indicator (2024)Purchasing power parity indicator
π
Cost of Living & Rent
Crowdsourced global cost data (2024)Verified price data from multiple sources
π
Transport & Services
Regional transport pricing data (2024)Taxi, rideshare, public transit prices
πΊ
Digital Subscriptions
Regional pricing data (2024)Streaming services, digital platforms
Data is updated periodically. Prices may vary based on location, promotions, and exchange rates.