Milan
Italy
Cost of Living in Milan
Comprehensive breakdown of living costs, rent prices, and quality of life metrics
Cost of Living Analysis
Milan, Italy's financial and fashion capital, offers a vibrant urban experience but comes with a higher cost of living compared to other Italian cities. For digital nomads, understanding these expenses is crucial for effective budgeting and lifestyle planning.
Housing in Milan is notably expensive. Renting a one-bedroom apartment in the city center typically ranges from €1,200 to €2,000 per month, while options in suburban areas may cost between €600 and €900. (salvadorordorica.com) Utilities, including electricity, heating, and water, add approximately €150 to €200 monthly. Internet services are reliable, with unlimited broadband averaging around €20 to €40 per month. (nomad.digital)
Grocery prices in Milan are higher than in other Italian cities, with basic monthly essentials costing between €300 and €450. (gonomadvisa.com) Dining out varies; a meal at an inexpensive restaurant costs about €15 to €20, while a three-course meal for two at a mid-range restaurant ranges from €40 to €70. (nomad.digital) Public transportation is efficient and affordable, with a monthly pass priced between €40 and €70. (gonomadvisa.com) Taxis are available but can be costly, with starting fares around €7 and additional charges per kilometer. (housinganywhere.com)
Milan boasts a high quality of life, offering a rich cultural scene, numerous coworking spaces, and a dynamic social environment. The city is generally safe, though, like many urban areas, it's advisable to remain vigilant against petty crimes such as pickpocketing, especially in crowded places. (nomad.digital)
For digital nomads considering Milan, it's essential to budget carefully due to the higher living costs. Opting for accommodations outside the city center can reduce expenses. Utilizing public transportation and preparing meals at home can also help manage costs. Engaging with local and expatriate communities through coworking spaces and social events can enhance the experience and provide valuable networking opportunities.
Overall Ranking
Cost Breakdown
Housing & Property
Safety & Healthcare
Environment & Transportation
Understanding the Indices:
- • Cost indices: Lower values indicate lower costs (better for budget)
- • Quality indices: Higher values indicate better quality/safety
- • Rank: Lower numbers indicate better overall affordability