Cost of Living in Milan
Fashion and finance engine of Italy; offers a fast-paced, stylish lifestyle with the country's highest costs and wages.
Moving abroad? The Wise account makes relocation easy.
£2,186
Average cost per month
Distribution of Expenses
Fashion weeks & aperitivo scene
Foggy winters & Alps nearby
Business capital; highest Italian rents
Cost of living breakdown for Milan
Living costs in Milan can vary. You can expect to spend around £2,186 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Milan average costs for food and drink.
Salary & Services
Milan average salaries and services.
Average living costs in Milan
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £1,268.54 | £1,036.08 - £1,640.47 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £894.84 | £733.89 - £1,122.43 |
| 3 Bedroom Apartment in City CentreRent Per Month | £2,586.11 | £1,899.49 - £3,453.62 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £1,549.81 | £1,295.11 - £2,158.51 |
.png)
Cities in Italy
Relocation made simple
Whatever you're relocating for, the Wise account is made to support you.
4.8★ on App Store 152k reviews
4.8★ on Google Play 1.3m reviews
Our smart app makes relocation easy
Frequently asked questions
The cost of living in Milan depends on your lifestyle. On average, a single person needs £917 per month without rent, while a family of four requires £3,252. Renting a 1-bedroom apartment in the city centre costs an additional £1,269 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Milan costs £2. If you are commuting regularly, a monthly pass is typically priced at £34.
The average monthly net salary (after tax) in Milan is currently £1,686.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Milan costs approximately £17, while a three-course meal for two people at a mid-range restaurant costs around £76.
The estimated monthly cost of living in Milan for a single person is £917, excluding rent.
For a family of four living in Milan, the estimated monthly costs are £3,252, not including rent.
Rent prices in Milan depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is £1,269, compared to £895 outside the centre. For a 3-bedroom apartment, the average is £2,586 in the centre and £1,550 in suburban areas.
Basic utilities in Milan (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £189 per month. Internet access typically adds another £22.