Cost of Living Comparison Between Florence and Milan Cost of Living Comparison Between Florence and Milan

Monthly Cost of Living

A single person spends $2,457 per month in Florence vs $2,645 in Milan, rent included.

A couple spends around $3,812 per month in Florence vs $4,044 in Milan, rent included.

A family of three spends $5,167 per month in Florence vs $5,444 in Milan, rent included.

Florence is about 7% cheaper than Milan, driven mainly by Eating Out.

Both Florence and Milan sit above the global median – Florence by 79%, Milan by 92%.

Meal at Budget Restaurant

$28.22 €24.34

$24.76 €21.35

13.97%

Three-Course Dinner for Two, Mid-Range

$80.5 €69.4

$97.3 €83.9

-17.32%

Fast Food Meal (McDonalds, etc)

$14.87 €12.83

$13.91 €12.00

6.90%

Cappuccino

$2.29 €1.98

$2.13 €1.84

7.51%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.28 €2.83

$4.02 €3.47

-18.41%

Water (0.33 liter bottle)

$1.51 €1.30

$2.06 €1.78

-26.70%

Local Beer (0.5 liter draught)

$6.82 €5.88

$6.89 €5.94

-1.02%

Imported Beer (0.33 liter bottle)

$8.15 €7.03

$6.96 €6.00

17.10%

Milk (1 liter)

$1.90 €1.64

$1.79 €1.54

6.15%

White Bread (500g)

$2.61 €2.25

$3.34 €2.88

-21.86%

Rice (white) (1kg)

$2.93 €2.53

$3.78 €3.26

-22.49%

Eggs

$4.72 €4.07

$5.07 €4.37

-6.90%

Local Cheese (1kg)

$26.66 €23.00

$23.70 €20.44

12.49%

Chicken Fillets (1kg)

$12.79 €11.03

$15.03 €12.96

-14.90%

Beef Round Steak (1kg)

$26.99 €23.28

$23.74 €20.47

13.69%

Apples (1kg)

$2.99 €2.58

$3.22 €2.78

-7.14%

Banana (1kg)

$2.68 €2.31

$2.55 €2.20

5.10%

Oranges (1kg)

$3.46 €2.99

$3.50 €3.01

-1.14%

Tomato (1kg)

$3.38 €2.91

$4.59 €3.96

-26.36%

Potato (1kg)

$2.34 €2.01

$2.47 €2.13

-5.26%

Onion (1kg)

$1.99 €1.72

$2.15 €1.85

-7.44%

Lettuce (1 head)

$1.90 €1.63

$1.84 €1.59

3.26%

Water (1.5 liter bottle)

$0.67 €0.58

$0.60 €0.51

11.67%

Cigarettes 20 Pack (Marlboro, Camel)

$7.78 €6.71

$7.52 €6.49

3.46%

Wine (Bottle)

$8.35 €7.20

$9.35 €8.07

-10.70%

Local Beer (0.5 liter bottle)

$2.08 €1.79

$2.05 €1.77

1.46%

Imported Beer (0.33 liter bottle)

$3.15 €2.71

$2.36 €2.04

33.47%

One-way Ticket (Public Transport)

$2.03 €1.75

$2.49 €2.14

-18.47%

Public Transport Monthly Pass (Regular Price)

$45.44 €39.19

$45.87 €39.56

-0.94%

Taxi Start (Normal Tariff)

$3.86 €3.33

$8.07 €6.96

-52.17%

Taxi (Normal Tariff) (1km)

$1.26 €1.09

$2.37 €2.05

-46.84%

Taxi 1hour Waiting (Normal Tariff)

$31.62 €27.27

$65.0 €56.1

-51.38%

Gasoline (1 liter)

$2.08 €1.79

$2.15 €1.85

-3.26%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$37.3K €32.2K

$38.3K €33.0K

-2.51%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$37.0K €31.9K

$37.7K €32.5K

-1.89%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$242 €208

$267 €230

-9.49%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$12.43 €10.72

$10.89 €9.39

14.14%

Internet (50+ Mbps, Unlimited Data)

$33.69 €29.06

$30.70 €26.47

9.74%

Gym Membership (Monthly)

$74.0 €63.8

$88.4 €76.2

-16.26%

Tennis Court (1 Hour on Weekend)

$21.97 €18.95

$34.05 €29.37

-35.48%

Cinema Ticket

$13.69 €11.81

$12.87 €11.10

6.37%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$769 €663

$862 €744

-10.83%

International Primary School, 1 Child (Yearly)

$17.4K €15.0K

$20.1K €17.3K

-13.58%

Jeans (Levis 501 Or Similar)

$101 €86.8

$106 €91.8

-5.43%

Summer Dress (H&M, Zara, etc)

$40.36 €34.81

$52.6 €45.34

-23.23%

Sport Shoes (Adidas, Nike)

$110 €94.9

$117 €101

-5.94%

Men's Leather Business Shoes

$156 €135

$170 €147

-8.09%

1-bedroom Apartment, City Center (Monthly)

$1,529 €1,319

$1,740 €1,501

-12.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,022 €881

$1,223 €1,054

-16.43%

3-bedroom Apartment, City Center (Monthly)

$2,903 €2,504

$3,638 €3,137

-20.19%

3-bedroom Apartment, Outside City Center (Monthly)

$1,889 €1,629

$2,089 €1,801

-9.56%

Buy Apartment in City Center (m2)

$6,518 €5,621

$11.1K €9,581

-41.33%

Buy Apartment Outside City Center (m2)

$3,939 €3,398

$5,102 €4,400

-22.79%

Average Monthly Net Salary (After Tax)

$2,027 €1,749

$2,275 €1,962

-10.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.16

3.17

-0.32%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Florence: August 31, 2026

Last update for Milan: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,529 in Florence versus $1,740 in Milan. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 12% higher in Milan, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Florence versus $97.0 in Milan. Monthly groceries follow the same trend: $422 vs $432 – making Florence the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Florence vs Milan: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,457 in Florence, $2,645 in Milan – roughly 8% apart. Milan costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $3,685 per month in Florence and $3,967 in Milan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Florence, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,457 in Florence and $2,645 in Milan. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 1% less in Florence. For daily commuters, that gap adds up to noticeable savings over a year.

$3,000 is a stretch for both – monthly costs hit $2,457 in Florence and $2,645 in Milan. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Milan has an edge in some lifestyle areas, with costs from $2,457 in Florence to $2,645 in Milan. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Florence. If higher salaries, better infrastructure, or specific career opportunities are the priority, Milan makes more sense. Both are solid long-term options with distinct trade-offs.